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Deductions & credits
I assume you entered your income on the Form 1116 and are trying to get through the passive income section and get the tax entered. Let's continue through together.
- You selected passive income, continue
- Select add a country - blue button
- Select the country from the drop down
- continue
- enter description of income and amount not already reported on the forms listed, continue
- explanation of expenses, continue
- enter any losses
- enter foreign tax paid
- select No - foreign tax paid on other income
- enter the taxes
- continue
- Enter any AMT amounts - AMT is on Form 6251
- Continue
- add any more countries or select done.
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March 17, 2025
3:10 PM