CUSO
Level 3

My client sold inherited property in Ireland.  They processed the transaction and Ireland withheld capital gains tax. 

My question is how do I get their foreign income tax credit to apply toward the capital gain transaction?  I can fill out the 1116, however I don't know how to get it to offset the capital gain where tax was already paid so they are not double taxed on the transaction. I use ProConnect Tax Online if that helps! 

Thank you! 

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