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Deductions & credits
Namasteji pk:
Thank you for the clarification on "Safe harbor limit".
My key confusion is with respect to when I can enter the Foreign taxes paid (Ex: as if I had 1099s for each income category and use "Adjustments" field to take credit for taxes paid in Turbo tax screens) versus when I should not do that and need to use Form 1116 to get credit for foreign taxes paid
Let me know your thoughts.
Regards,
‎July 2, 2024
1:49 PM