Does anyone have a book/course/website that I can go to to bring myself up to speed on calculating the foreign tax credit ? The new rules have made the decision between credit and deduction practically a mute point, and I have a new client (on extension for 2018) who has enough activity - mostly dividends, but some trust K-1's - that I want to really understand how to calculate foreign versus US income, and carryovers, etc. And I am getting lost in the actual laws and regulations.... I am looking for plain English articles first, before I get stuck in the weeds.
Thanks for any help you can provide.
Thanks for any help you can provide.
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