do I have to tell the IRS about foreign tax paid It was only $117.00

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do I have to tell the IRS about foreign tax paid It was only $117.00

No. However, if it was on passive income. you can claim the credit without having to file form 1116.

do I have to tell the IRS about foreign tax paid It was only $117.00

You don't have to tell the IRS about the tax paid (though you do have to tell them about the income.) However, you are entitled to a credit for up to the full $117 on the taxes that you paid on income that is also taxed by the US.

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do I have to tell the IRS about foreign tax paid It was only $117.00

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