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It is basically an adjustment for the recapture of domestic losses from last year.
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Anyone can advise how i can enter an amount on line 16 of form 1116 for 2018 tax year. There is an adjustment coming from 2017 return and i am amending 2018 tax...
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There is not any child tax credit because of preparing 1116. So tax liability is $0. Consequently, no movement in child tax credit.
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He is trying to do some planning for next year and needs to know how much he can take as dividend and salary without losing the ACTC.
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Thank you for your reply.It is not a qualified dividend. He is based in UK and has a limited company where he withdraws some salary and some dividend.And appare...
