I have entered my Canadian RRSP withdrawal on form 1116. I am claiming a foreign tax credit on RRSP withdrawal. I have entered both the "total distribution" of $7000.00 and the Taxable distribution of $5400.00 on this form. Am I also required to enter the $5400.00 as income or is this duplicating the amount? How much of the $2400.00 I paid in withholding taxes to the Canadian government am I able to claim as a tax credit on my US return?
