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I have finished my tax return except for filling out form 1116. My gross income for canada was $6908.00. I paid a total of 941.00 in foreign taxes. I can't seem to get my program to finish giving my foreign tax credit. I know its something simple but I can't figure it out. Is anyone available to...
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I have just about finished with my 2007 tax return but I'm having trouble with form 1116. I had a total of 6908.00 of foreign dividends and paid a total of 941.00 in foreign taxes. My program has a worksheet for form 1116 but it doesn't seem to want to give me the credit. I know some of the credit...
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Hi, I'm applying for foreign tax credit on taxes I've paid / accrued on interest earned in savings accounts and certificate deposits in New Zealand. For cds, the bank statements don't give precise dates for when taxes were withheld. And so I have several questions relating to form 1116, Part II: ... View more questions Search
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