JackSpaniel
Level 3
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@DaveF1006Thank you for your patience and perseverance in explaining this complex subject. One last question on this thread before closing it:Should the descrip...
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@DaveF1006So, just to make sure, going down the path outlined in point (2) of my previous post - was that just a mistake?
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@DaveF1006Thanks. I just wanted to be sure.I am proceeding with your recommendation - this results in the most favorable outcome. Two things:1. To recap, this a...
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@DaveF1006Yes, I do have the proper documentation from the foreign country's income tax office showing $50K income and $15K taxes paid.Everything you say makes ...
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@DaveF1006Double dipping? Actually, the effect on foreign tax credit of declaring the foreign house sale as a loss on 1116 is the exact opposite! If I declare $...
Activity Feed for JackSpaniel
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. 4 weeks ago
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. 4 weeks ago
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. 4 weeks ago
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. 4 weeks ago
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. 4 weeks ago
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. 4 weeks ago
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. a month ago
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. a month ago
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. a month ago
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. February 13, 2026 4:51 AM
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. February 12, 2026 2:32 PM
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. February 12, 2026 7:27 AM
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. February 11, 2026 5:24 AM
- Posted Re: Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. February 10, 2026 12:09 PM
- Cheered Re: Received 1099-MISC for Nontaxable Damage Claim Settlement for Vanessa A. February 8, 2026 4:54 PM
- Cheered Re: Received 1099-MISC for Nontaxable Damage Claim Settlement for ReneV4. February 8, 2026 4:53 PM
- Got Cheered for Form 1116 Computation Worksheet Issue. February 8, 2026 2:50 PM
- Posted Income Taxes Withheld and Sales Expenses for Inherited House in Foreign Country on Get your taxes done using TurboTax. February 8, 2026 8:07 AM
- Posted Re: Received 1099-MISC for Nontaxable Damage Claim Settlement on Get your taxes done using TurboTax. February 6, 2026 5:21 AM
- Posted Received 1099-MISC for Nontaxable Damage Claim Settlement on Get your taxes done using TurboTax. February 3, 2026 11:28 AM