I have capital gains from inherited foreign property sale and paid foreign tax. What is Adjusted basis of invest. assets generating foreign income on 1116 line 4b(1)b?

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I have capital gains from inherited foreign property sale and paid foreign tax. What is Adjusted basis of invest. assets generating foreign income on 1116 line 4b(1)b?

The adjusted basis is the fair market value of the inherited foreign property on the deceased person's date of death.

I have capital gains from inherited foreign property sale and paid foreign tax. What is Adjusted basis of invest. assets generating foreign income on 1116 line 4b(1)b?

where is 4b(1)b in 1116 ?, I do not see.

I have capital gains from inherited foreign property sale and paid foreign tax. What is Adjusted basis of invest. assets generating foreign income on 1116 line 4b(1)b?

Are you asking about line 4b on Form 1116, Other interest expense?

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