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How do I know if I've elected or chose not to elect the simplified foreign tax limitation for AMT purposes in the previous years or not?
I had my taxes done by a CPA last year. It seems like they created two 1116 forms.
FORM 1116 FOREIGN TAX CREDIT CARRYOVER / CARRYBACK
FORM 1116 ALTERNATIVE MINIMUM TAX FOREIGN TAX CREDIT
CARRYOVER/CARRYBACK
‎April 12, 2025
11:21 AM