Investors & landlords

have you seen the 1116 instructions starting on page 7?

there is nothing in the instructions about changing anything on the QDCGTW

 

 

basically, the way the 1116 will work is to not allow a higher FTC than the US tax paid on the same income. 

 

 

https://www.irs.gov/pub/irs-pdf/i1116.pdf