mswongy
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Thanks again Dave. Can I use the tax credit to offset US income? I realize I may not be able to use the full credit. Thanks!Tracy
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Thank you! My specific question is how can I use the carry forward tax credit of $14k? Is there any category of US income that this foreign tax credit can offse...
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Thanks Dave,I sold a home in australia and paid capital gains tax there of the equivalent of US$27k. I reported the income on my US tax return but could only cl...
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I experienced the same issue last year and ignored it, but the same thing is happening this year. My foreign credits don't autoload.Another question if have is ...
Activity Feed for mswongy
- Posted Re: Can I use my foreign tax credit to offset US income? on Deductions & credits. February 22, 2021 8:58 AM
- Cheered Re: Can I use my foreign tax credit to offset US income? for DaveF1006. February 22, 2021 8:57 AM
- Cheered Re: Can I use my foreign tax credit to offset US income? for DaveF1006. February 20, 2021 3:15 PM
- Posted Re: Can I use my foreign tax credit to offset US income? on Deductions & credits. February 20, 2021 9:33 AM
- Posted Re: Can I use my foreign tax credit to offset US income? on Deductions & credits. February 19, 2021 9:28 AM
- Posted Can I use my foreign tax credit to offset US income? on Deductions & credits. February 17, 2021 5:52 PM
- Posted Re: This is the 3rd year of using Turbotax, why are my foreign tax credits not autoloading? on Deductions & credits. February 17, 2021 5:45 PM