Foreign Tax Credit Workout

Election To Claim Foreign Tax Credit Without Filing Form 1116

Previous Next

Skills Warm Up: FTC Without Form 1116

Question 1 of 3

To claim the foreign tax credit without filing Form 1116, a taxpayer who is filing Single must have paid foreign taxes listed on Form 1099-DIV, Form 1099-INT, or Schedule K-1 that are less than or equal to $300.

Main Menu

Workout Resources
Election To Claim Foreign Tax Credit Without Filing Form 1116
- Case Study 1: FTC Without Form 1116
- Skills Warm Up: FTC Without Form 1116
Qualifying Requirements
Economic Benefit
Types of Income
Out of Scope
- Out of Scope Situations for VITA/TCE
Skills Workout
- Certification Warm Up: Question 1 of 3
- Certification Warm Up: Drill & Practice
More Resources and Practice
- More Resources and Practice

Pub 4012: Form 1116 – Foreign Tax Credit
Form 1116 Instructions