Following is a detail of my 2024 and 2025 foreign income and AGI. Does this explain why there was no adjustment in 2024?2024$3,688.68 - Non-Qualified Dividends$...
Thank you so much for the help and prompt responses. I really appreciate your patience explaining this to me. I'm getting closer to understanding these rules, b...
My Capital Gain Rate is 15%. Form 1116 Line 3d Gross foreign source Income is $40,635 and Line 1a is $16,425, so my adjustment factor is .4042. Why isn’t .4054?...
First of all, thank you so much for your help!My taxable income is less than $383,900 for Married Filing Jointly, however my foreign capital gains and qualified...
