AmyC
Expert Alumni

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.

 

  1. You selected  passive income, continue
  2. Select add a country - blue button
  3. Select the country from the drop down
  4. continue
  5. enter description of income and amount not already reported on the forms listed, continue
  6. explanation of expenses, continue
  7. enter any losses
  8. enter foreign tax paid
  9. select No - foreign tax paid on other income
  10. enter the taxes
  11. continue
  12. Enter any AMT amounts - AMT is on Form 6251
  13. Continue
  14. add any more countries or select done.

 

 

 

 

 

 

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