Can we enter one foreign tax paid as credit and another foreign tax paid in itemized deduction on the same married joint tax return for 2016?

[lubotmo]

My wife and I have 2 separate mutual fund accounts that paid separate foreign taxes. We file a joint return. Our question is this:

On our 2016 joint return, can we claim the foreign tax she paid as credit and claim the foreign tax that I paid on our itemized deduction?

[MargaretL · Accepted solution]

No, you cannot unfortunately.  You must choose either the foreign tax credit or itemized deduction for all foreign taxes paid or accrued during the year on a joint return.  This is an annual choice.

[lubotmo]

Thank you very much.