Dear Mr. pk:
Do I need to enter the capital gains (as usual per above screen shot sequence - similar to selling any US stock or bond with purchase price, selling price, net proceeds....etc., ) and then enter the taxes paid for that transaction per your instruction below?
(a) Under Deductions and Credits tab, choose " I will choose what I work ... ".
(b) From drop down list of credits and deductions, near the end you will Foreign Tax credit.
(c) Click this " Edit/ Visit ".
(d) Then in the following screens you will need to enter the details for form 1116 -- Foreign Source Income , Source Country, amount paid etc. etc.
Also, did you mean "Passive category" to include interest income, dividend income, bond proceeds, capital gains...etc.,
Regards,
Giri
