Dear Champ,
Many thanks for your explanation and your understanding.
I am using TTax Premier 2023 CD/Download on my PC. It is the purchased version and sits on my PC.
I am sorry but don't know how to reference the AmyC post. I am not that familiar with the site. However it was under the question:
"I have a rental property in the UK. I have declared on my UK tax return the income. Do I need to report the rental incoming in the US as then I'll be taxed twice" by pravinnaicker on June 4, 2019."
Your step by step explanation was very helpful and I managed to put the UK tax in the correct place and receive the credit. During the process, I somehow lost $110 of foreign tax credit which had come through under a 1099 DIV downloaded from my broker. TTax had initially put this on Schedule 3, Part 1, line 1 "Foreign tax credit. Attach Form 1116 if required" but it had disappeared after following your instructions. I am not complaining though - the higher mumber was the UK tax paid in the rental property and I am please to know how to deal with that.
Thanks
