client has a large foreign tax credit carryover. this year he sold foreign stock for a gain (no foreign taxes withheld). Transaction occurred in the foreign country; not reported on a 1099B.

Is he able to use form 1116..show the foreign capital gain and use up some of the carryover tax credit.

He also had large dividends from the same stock with foreign taxes withheld ( I know how to handle this.). He has been getting these dividends for years so he has accumulated a large carryover.

Thanks