FTC Carryover Rules for couples electing 6013(g) to treat nonresident alien spouse as tax resident

[pgrosshans]

Hi.  My wife is living and working abroad now.  She had to surrender her green card in 2023.  We will elect to have her treated as a tax resident for 2023 and beyond.  While we lived in the UK, we generated a lot of FTC carryover.  However, virtually all of that was generated by UK taxation of my income.  Now, I am living in the USA again.  For 2023 and beyond, can we use the FTC carryovers to offset US tax obligations from her foreign income?

Thank you

[RobertB4444]

As long as you have foreign income to use the foreign tax credit against then yes, you can use the carryforward.

@pgrosshans