Foreign Tax Credit Comp Wks

JimBob6 — Mon, 09 Mar 2026 09:10:02 GMT

Running error check and getting this error.

Where are I supposed to find the answer to this question? thank you.

Re: Foreign Tax Credit Comp Wks

pk — Sat, 05 Mar 2022 04:37:36 GMT

@JimBob6 , 1. why are you filling out form 1116 --- because of foreign capital gain that has been taxed by a foreign country / dividend earned being taxed by a foreign govt or what ? 2. is the amount of foreign taxes paid for the year more that the safe haven amount ( $300 for single / $600 for joint filer ? ) .

I need more details on the situation to understand the need for the form 1116, including if you have carryover foreign tax credits etc. I am assuming here that you are a US person ( citizen/ Green Card / Resident for tax purposes ). Please help

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Foreign Tax Credit Comp Wks

Re: Foreign Tax Credit Comp Wks