Line 18 of Federal Form 1116 Foreign Tax Credit instructs that if you figured your tax using the lower rates on qualified dividends or capital gains to see the instructions. This is because instead of entering the amount from Form 1040 U.S. Individual Income Tax Return, Line 10a, you would need to make adjustments to that amount as explained in the IRS Instructions for Form 1116 on page 21.
This calculation is automatically done for you in the TaxAct program.
To view the worksheet in your TaxAct return:
You need to view the worksheet as a print PDF; if you need help, go to our Printing Your Return and Individual Forms FAQ.
You need to view the worksheet in Forms View; if you need help, go to our Entering in Program - Fillable Forms FAQ.
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.