Level 2

This is my first form 1116.  TP has Canada income.  When I put in the Canadian wages and taxes collected it calculated the maximum foreign tax credit which is about 1/2 of the taxes paid.   Is this normal?  I figured tp would get the full credit paid in.  It shows they still owe tax.

Also, it is showing a tax credit carryover to 2020 for the difference.  

Thanks in Advance!   Have a great weekend!





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