Thank you again @jtaxReferring to your statement "Assuming there is a foreign capital gain tax, the 901 US income from foreign sources would be the US Gain figu...
Thank you @jtaxHowever, I found that your last response is mostly repeating what you have already said. As I mentioned in my yesterday's post, lets leave aside ...
As for your final point "I wonder if people are seeing what they think should be deductible on 1116 part I line 2 rather than finding authority for what should ...
@jtaxThe PAL carryover is not limited to 10 years.You are right. I already corrected this initial statement soon after posting. I was thinking of FTC carryover ...