VickiN
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I did as you instructed. The end result was that I got a foreign tax credit of zero. Is that an expected result? That would mean that on top of the 40% tax I al...
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Thanks rogge1722 for these instructions. I have been following them but I got stuck at this step"Put the pointer for the country and from the dropdown box, sele...
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Hi pk,Thanks for the detailed reply. Things have gotten more complicated at my end and I will be looking for a tax professional to assist me. I appreciate all y...
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Hi pk,Sorry for the delay getting back to this.Here's what I have entered into Turbotax 2019 so far:Re. a) - I entered the foreign capital gains at the step whe...
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Hi PK,Answers to your questions and some additional info that might be helpful:1) US Citizen as is my husband (filing jointly)2) Capital gain is for sale of mut...
Activity Feed for VickiN
- Posted Re: Form 1116 - HTKO/negative number - TT stuck on "Any foreign source qualified dividends or long term capital gains?" - BUG? on Deductions & credits. December 10, 2020 1:53 PM
- Posted Re: Form 1116 - HTKO/negative number - TT stuck on "Any foreign source qualified dividends or long term capital gains?" - BUG? on Deductions & credits. December 7, 2020 12:19 PM
- Posted Re: Foreign capital gains - US source income and tax rate on Get your taxes done using TurboTax. November 30, 2020 12:29 PM
- Posted Re: Foreign capital gains - US source income and tax rate on Get your taxes done using TurboTax. November 24, 2020 9:56 AM
- Posted Re: Foreign capital gains - US source income and tax rate on Get your taxes done using TurboTax. November 1, 2020 7:50 AM
- Posted Foreign capital gains - US source income and tax rate on Get your taxes done using TurboTax. October 31, 2020 9:08 AM