@mbcohen139 , form 1116 always limits the foreign tax credit , especially if your world income is much more than Foreign income ( Resourced or otherwise ).
I don't understand your comment about " other deductions" ---- not knowing the country where your tax home is , normally "Resourced by treaty" income is not adjusted . Also the most foreign tax credit you will get is the US tax on the income ( US effectively cancels US taxation on the income ).
Does this make sense ?
pk
