The 1st thing is to report the interest. Bring up a blank 1099-INT and type in the data in USD. Create as many as necessary.
Next is the credit. If the total interest is less than $301 if filing single or less than $601 married filing jointly, then TT should insert the interest on line 48 of form 1040. If it is there, then you are done. If the amount exceeds the limits, then you will need to go "Foreign Taxes" and initiate the foreign tax credit interview which will calculate the credit.
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