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gavj0nes
New Member

I own a UK rental property. I file taxes in UK but because the taxable revenue is below the personal allowance, do not owe/pay tax. Can I claim foreign tax credit 1116?

 
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IreneS
Intuit Alumni

I own a UK rental property. I file taxes in UK but because the taxable revenue is below the personal allowance, do not owe/pay tax. Can I claim foreign tax credit 1116?

No.  Since you didn't pay any taxes in the UK, you do not get a credit for paying the taxes.


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1 Reply
IreneS
Intuit Alumni

I own a UK rental property. I file taxes in UK but because the taxable revenue is below the personal allowance, do not owe/pay tax. Can I claim foreign tax credit 1116?

No.  Since you didn't pay any taxes in the UK, you do not get a credit for paying the taxes.


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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