Just saw this from the IRS:Your foreign tax credit cannot be more than your total U.S. tax liability multiplied by a fraction.My tax liability for 2022 was zero...
-It is in Box 7 1099 DIV form-It shows as 0 on Schedule 3 Line 1-$52.31-You Can Take the Foreign Tax Credit - You've met the requirements for taking the foreign...
Thanks! Another question: I'm enrolled in healthcare.gov and using that for our health insurance. I'm receiving subsidies based on our 2022 estimated income. I'...
As you suggested, I deleted the 1099R info for my inherited IRA and imported again from Vanguard. Still populating my inherited IRA info on my 8606 and using th...