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Here's how to get to Form 1116 for 2020:
There's a deduction available as well as well as a credit but in most cases, taking the credit works out better. We'll help you decide which one's best for you when you go through this section.
If you choose to take the credit (most people do), we'll attach Form 1116, Foreign Tax Credit if your situation requires it.
Here is some information about the Foreign Tax Credit.
Hi Renne,
Thank you. I'll get to right away. Yes, I entered the one w2 I received; which is the only income I had before moving to Florida.
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