Foreign Tax Credit, Form 1116

Generate the Foreign Tax Credit on Schedule B for foreign-source income that would normally be taxed by both the US and the country from which the income is derived.
Other videos in this category:
Use the PMT screen to set up automatic fund withdrawal by the IRS, state, and some city departments of revenue.
Entering an installment sale in Drake Tax
Learn how to use screen RRC to calculate any available Recovery Rebate Credit (Economic Impact Payment) that the taxpayer might be entitled to on the 2020 tax return.