Question

Taxes for 2019. Is this allowed. From Canada. Do not know where to enter it.

Forum|Forum|5 years ago
March 8, 2021
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From Canada. Where do I enter this

TurboTax Free Edition Online

You would only be able to take the foreign tax credit/deduction IF the taxes you paid to Canada in 2019 were for income you report on your 2020 tax return. If this is the case, go to Where do I enter the foreign tax credit?.

If you paid or accrued foreign taxes to a foreign country on foreign source income and are subject to U.S. tax on the same income, you may be able to take either a credit or an itemized deduction for those taxes. Taken as a deduction, foreign income taxes reduce your U.S. taxable income. Taken as a credit, foreign income taxes reduce your U.S. tax liability.