SomeoneStruggli ngWithFilingTax es
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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...
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So, it is moot point anyway ...BTW, I am in California, so no credit.
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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 ...
Activity Feed for SomeoneStrugglingWithFilingTaxes
- Posted Re: Foreign tax credit (Form 1116) and California state income tax. on Deductions & credits. April 13, 2025 8:58 AM
- Posted Re: Foreign tax credit (Form 1116) and California state income tax. on Deductions & credits. April 2, 2025 9:24 PM
- Cheered Re: Foreign tax credit (Form 1116) and California state income tax. for DaveF1006. April 2, 2025 8:54 PM
- Posted Re: Foreign tax credit (Form 1116) and California state income tax. on Deductions & credits. March 28, 2025 3:26 PM
- Cheered Re: Foreign tax credit (Form 1116) and California state income tax. for RobertB4444. March 28, 2025 3:23 PM
- Cheered Re: Foreign tax credit carryover for DaveF1006. July 24, 2024 6:06 PM