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Level 2
July 22, 2019
Question

Form 1116

  • July 22, 2019
  • 1 reply
  • 6 views

I reside in Canada and over 99% of my income is passive from Canadian sources. However line 3e on my form 1116 shows more gross income than I actually received so the calculation for line 3f underestimates the proportion of my income that is from foreign sources. Can you explain why 3e is inflated? Should I override it?

1 reply

July 22, 2019

why are you filing a US return?  if not, you need the Canadian website.   

SarafAuthor
Level 2
July 22, 2019

Because I am a US citizen and have to. I file Canadian forms in Canada.