How to Fill out Form 1116 on Foreign Tax Credit (Individual, Estate, or Trust)

IRS Form 1116, the Foreign Tax Credit, enables U.S. taxpayers to claim a credit that may reduce their U.S. tax liability on income earned abroad.

IRS Form 1116, the Foreign Tax Credit, enables U.S. taxpayers to claim a credit that may reduce their U.S. tax liability on income earned abroad.