Thanks Dave,
I confirm my understanding of the formula. My concern is the way TurboTax treats my Foreign pension income. I received Foreign taxable income from a Canadian pension that had no withholding of foreign tax. I have other foreign income that did have withholding. TurboTax has me put my Canadian pension income lumped together with my Social Security income in the box for US Social Security. Therefore my Canadian (foreign) pension income is NOT included in the numerator of foreign taxable income. This reduces the percentage and therefore the amount of foreign withholding tax I can claim for this year. I understand I can carry it over to next year but I don't want to, effectively I will be paying double tax on some of my income this year and it is likely that given my situation I will never claim 100% of the foreign tax withholding let alone be able to utilize a carry over from a prior year.
Is there another way I can report my Canadian Pension income other than adding it to my US Social Security?
Thanks, Andy
TurboTax Deluxe Windows
