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PamB2
Returning Member

Foreign tax credit - do I really have to complete 1116 or can I just enter the $3.51 on my 1040?

 
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1 Reply
AmyC
Expert Alumni

Foreign tax credit - do I really have to complete 1116 or can I just enter the $3.51 on my 1040?

The 1116 is not necessary for less than $300 and can go on your 1040. The program should enter it for you when you input the information on the form.

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