Greta
Level 9
12-06-2019
07:28 PM
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Solved! Go to Solution.
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IRonMaN
Level 15
12-06-2019
07:28 PM
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If the form isn't required you can enter the amounts directly into the 1040.
Slava Ukraini!
itonewbie
Level 15
12-06-2019
07:28 PM
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As the IRMN says, there are conditions you must satisfy to claim FTC without filing F.1116:
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ALL of the taxpayer's foreign source gross income was passive income.
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All the income and any foreign taxes paid on it were reported on a qualified payee statement (e.g. 1099-DIV, 1099-INT, K-1).
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Total creditable foreign taxes aren't more than $300 ($600 MFJ).
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Still an AllStar
Still an AllStar
