About SomeoneStrugglingWithFilingTaxes

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Re: Foreign tax credit (Form 1116) and California state income tax.

Here is what ChatGPT says, it i is in line with your option number "3":How can I enter the gross sale proceeds of foreign land sales as different amounts in fed...

SomeoneStrugglingWithFilingTaxes

Updated Apr 13, 2025
Re: Foreign tax credit (Form 1116) and California state income tax.

So, it is moot point anyway ...BTW, I am in California, so no credit.

SomeoneStrugglingWithFilingTaxes

Updated Apr 13, 2025
Re: Foreign tax credit (Form 1116) and California state income tax.

FTC Limitation:Am I right in saying that trying to claim the state tax on foreign income, as foreign tax paid, may not help if one has already hit the limit on ...

SomeoneStrugglingWithFilingTaxes

2

Updated Apr 13, 2025

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Date Registered	‎July 24, 2024 6:05 PM
Date Last Visited	‎April 26, 2025 6:37 PM
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