I paid the $10,000 fin 2018 for the Long Term Capital Gain tax in India after the sale of the Land I acquired 10 years ago there..
I think I can claim the $10,000 as foreign tax credit in the U.S. tax return. Can I? But, what are the data needed to claim the $10,000 on the U.S. as foreign Tax credit? I cannot simply put the $10,000 in the column. Right?
Then, do I complete Sch D, Long term capital Gain in the U.S. tax return and pay taxes applicable to the Long Term capital Gain?
These are all that I have to do? Anything more I need to do?