Are social security payments from CANADA entered on line 6a social security benefits or on line 8 Other income ?
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The foreign tax credit doesn't just automatically give you a full credit. It prorates things based on foreign income versus US income. Fill out Form 1116 and it should do the proper calculations.
Canada and Germany are treated just like US Social Security.
https://www.irs.gov/publications/p915#en_US_2020_publink100097884
Thank you very much for your answer.
I have another question. My clients had pension from Canadian companies and paid tax on it. Do they have FULL foreign tax credit or PARTIAL of tax paid ?
Thanks again for your answer
The foreign tax credit doesn't just automatically give you a full credit. It prorates things based on foreign income versus US income. Fill out Form 1116 and it should do the proper calculations.
Thank you so much for your prompt response.
Is pension from Canada entered on line 5 - pension & annuities or on line 8 - Other income ?
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