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Level 1
July 19, 2020
Question

FORM 1116 PART 1 LINE 3e

  • July 19, 2020
  • 1 reply
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Line 3e of Form 1116 Part I is an error. Saying that the gross income should be greater than foreign income.  

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1 reply

sjrcpa
Level 15
July 19, 2020

 That statement is true unless client only has foreign income.

The more I know the more I don’t know.