pjhoz
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Hi Dave,When we interacted in March your recommendation was to enter my foreign carried forward losses in Line 16 on Form 1116. When I do that, the ratio on lin...
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Thank you Dave for following up. Not the best outcome for me but who said the tax code is fair and reasonable!
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Thank you for responding Dave.It feels like the carried forward losses should be factored into the Part I Taxable Income calculation, perhaps Deductions and Los...
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I have a related question.I sold an investment property located in a foreign country and paid Capital Gains Tax in that foreign country. The property has carrie...
Activity Feed for pjhoz
- Posted Re: I am trying to take a foreign tax credit for capital gains taxes paid for the sale of a home ... on Deductions & credits. May 12, 2021 11:10 AM
- Posted Re: I am trying to take a foreign tax credit for capital gains taxes paid for the sale of a home ... on Deductions & credits. March 8, 2021 12:38 PM
- Cheered Re: I am trying to take a foreign tax credit for capital gains taxes paid for the sale of a home ... for DaveF1006. March 8, 2021 12:36 PM
- Posted Re: I am trying to take a foreign tax credit for capital gains taxes paid for the sale of a home ... on Deductions & credits. March 5, 2021 3:14 PM
- Posted Re: I am trying to take a foreign tax credit for capital gains taxes paid for the sale of a home abroad, and it is forcing me to "dividends". on Deductions & credits. March 2, 2021 2:37 PM