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Investors & landlords
On the 1116 Comp Wks., they should either be blank or have a number that affects the calculations, no zeroes.
For data source: Line 4b1A, all columns:
If you are itemizing deductions and the total of all lines 3d on all copies and columns of Form 1116 exceeds $5,000, from Form 1040, Schedule A, line 9. Columns A, B, and C will equal this amount if there is income on line 1 of that column.
For more information about Line 4b1(A), all columns:
If the total gross foreign source income on all Forms 1116, line 3d is greater than $5,000, the deductible investment interest will be allocated per the government instructions. These amounts are the total deductible investment interest shown on Schedule A, line 14. If the total gross foreign source income on all Forms 1116 is not greater than $5,000, this allocation does not need to be made and these lines will be blank. You do not need to make any entries here.
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