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Investors & landlords
only ii you're claiming any foreign tax credit in excess of $300 if filing status is other than married filing jointly. FOR MFJ the limit is $600.
if you don't claim more than the max allowed form 1116 is not required. if you do the form won't be available until 3/3/2021 (Turbotax estimate)
‎February 20, 2022
5:17 PM