pk
Level 15
Level 15

Deductions & credits

@av2799  I am not sure we are on the same page here.  So please forgive if I am repeating;

 

(a) Under  Personal Income tab  ( I am assuming Home & Business Windows download  where is a business income tab ) or equivalent,  choose  "I will choose what I work on " --- and then from the list of incomes, select Interest income and do the needful.  Ditto for  the Dividend income.

(b) Capital gain , you have already taken care of .

(c)  Once all the incomes are all done --- then go to the Deductions &  Credits tab -- choose  "I will choose what I work on" and from the list of  deductions / credits  select  Foreign Tax Credit.  This will take you to filling out the form 1116.  Since  all the  foreign incomes you mentioned are Passive,     click the Passive Category  for the form 1116.  Here  your  total foreign source income  is the sum of  Foreign   Source Interest,  Dividend and the  capital gain ( this last one is  per the US rules ).  And  your foreign tax is the  total  & allocated foreign taxes paid on this foreign & doubly taxed income.

Is this where you are  and having issues?