The max FEIE that TurboTaxDanO mentioned is for 2017; for 2018 it is $103,900. As he mentioned, if you file both 1116 (FTC) and 2555 (FEIE), you cannot get credit for any taxes paid on the income excluded by the FEIE.
So, if your foreign earned income is $207,800, the foreign tax paid on this income is $60,000, and the amount excluded by FEIE (form 2555, line 45) is $103,900, you will have to enter $30,000 on line 12 of form 1116 since that is the amount of tax paid on the excluded amount (assuming flat tax rate).
