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Deductions & credits
Just want to say how very helpful your post and insights were....I received interest last year as part of a payment of previously-unpaid income earned in 2021 from a former foreign employer and was tearing my hair out on how to report the interest separately from the earned income and the tax I paid to the country where I earned it. Like yourself, reporting the interest in 1099-MISC and then adding the foreign tax paid to Form 1116 did the trick.
‎February 23, 2025
1:06 PM
1,787 Views