Edited for 1041

Screen 36 > Select choices for the first two items, e.g. OC (since many mutual funds to not list well) and Passive Category Income

In Credit section, click Gen.Info/Elections > Resident of (probably United States) and if appropriate, enter 1 to elect to not waste paper on the 1116 form.

Screen 16 > do the entries you mention and Select 1 for the Form 1116 name or number (O) in the Foreign Tax Credit Section