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Deductions & credits
Looking at IRS info where form 1116 is suggested to claim foreign tax credit. I will need to see how to report the foreign income though! A "bogus" 1099R won't work and I don't think it legal either as with no form there is no figures to use to fill in the different fields.
Edit:
It seems like using form 1116 is my only option as it does also allow me to report the income from foreign "social security" type benefits. What is the best way to jump to form 1116 form using Desktop version of Home & Biz? The "Search" function is a joke and it seems like using it puts me in twilight zone as it appears to processing but not doing anything.
JJ
March 2, 2025
8:21 AM