Form 1116 - The Basics
Overview of Foreign Tax Credit and Interaction with Foreign Earned Income Exclusion - Recorded 8/26/21
An overview of the foreign tax credit includes what taxes qualify for the foreign tax credit, how claiming the foreign tax impacts other tax return items, basic calculation issues, exceptions to filing Form 1116, and foreign earned income exclusion.
Learning Objectives
Education Information
IRS Program Number: NMVBP-T-00184-21-S
Length: 100 minutes plus optional question-and-answer session (no CE)
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Self-Study
Field of Study: Federal Tax (IRS);
Credit hours: 2 IRS CE
Instructor: Thomas Gorczynski, EA, CTP, USTCP Click here to learn more about the instructor
All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here for more information regarding our education policies.