@dstautz1 while I do not have the details of your situation ( if you could provide more details either here in this thread or PM -- just NO PII -- Personally Identifiable Information), the foreign tax credit is a Non-Refundable Credit. Thus all it can do is to reduce your tax liability i.e. if your tax liability before applying the FT is US$199, then only US$199 of the available credit will be used ( and without form 1116, the rest is lost ). Form 1116 applies a further limit -- it is lesser of actual amount paid and that imposed by the US using an allocation process substantially based on ratio of Foreign source income to World income.
Does this explain your issue ? Is there more I can do for you ?
