this doesn't help me enough. where to I actually input how much $$$ I have been taxed by Canada. See when I report my foreign income my US refund drops to zilch. I know how to do a foreign tax credit, but its not clear where I input that number and its not being reflected by my est. tax refund returning to its normal number.
This "recommended answer" is not helpful in the least. I'm using the desktop version of "Home and Business" and there is no tab labeled "Federal Taxes" There is a section of PERSONAL called "Deductions and Credits" where we find a "Foreign Taxes" section which does not clearly provide a place to specify how much foreign tax was paid. Additionally, I've got a large carryover (as one does as a dual US/Canadian citizen) and when I come out the other side of this step-by-step, the value for Foreign taxes paid remains as $0.
Has this been fixed? I also am unable to enter an amount of Foreign Taxes paid - I can only view a calculated foreign tax credit (which is less than what I paid). This is extremely confusing when all I want to do is enter the dollar amount of foreign taxes paid.
@celestemarie1002 This is an old answered thread from 2 years ago. It will NOT show up as needing help. That's why there has been no response to the last 4-5 posters. Please start your own new thread using the link below so it will show up where you can be questioned and assisted. I'll close this old thread.
When you go to the form at the link, the first box is for a summary of your question, like a title, and is limited to 170 characters.. If you need more room, lower on the form you will come to another box with plenty of room to enter details. This is a public Internet forum, so don't post any personal info.