@Mike414 , I ran with 155K for you and 10K for your wife -- yes then the form 1116 works. However, it appears to not suck data from form 2555 directly --- I had to enter both the total foreign taxes ( stand-in of 30K ) and the Foreign Gross income before exclusion. Then everything worked. Thus I think your case will work if you go through the screens assuming that Turbo is not automatically transferring from 2555 ( which both your Gross Foreign as also the exclusion amounts but not the taxes paid. I share your critic that once it knows that you want to use foreign tax credit on the unexcluded income, it should have been able to prepare the form ( except for any HTKO transfers ) pretty much by itself --- I suppose it is a case of doing minimal changes to achieve the requirements of this case ( FTC for unexcluded foreign income ) to general case .
Is there more I can do for you ?
