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Taking foreign tax credit for cap gains taxes paid

I am a U.S citizen , resident of India. I have capital gains in my brokerage account in the U.S. As per India taxes, I am liable to pay taxes to India for this category of Income. WIll I be able to take tax credit in USA for the taxes pain in India? If so, how to do in TurboTax>

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2 Replies
Anonymous
Not applicable

Taking foreign tax credit for cap gains taxes paid

form 1116 passive category make sure to only include the net gain in India not the gross proceeds.  

Taking foreign tax credit for cap gains taxes paid

The Capital gain is in U.S and not in India. Should I pay taxes to India or U.S ? And then I can take credit. But which country should I pay first?

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