First, please don't ever feel sorry that you have additional follow up questions. I can assure you that I, like you, have only 1 goal in mind, and that is to give you the correct answer AND to hep you understand the process.
You will also find that if I make a mistake, I'm not shy about admitting it. Hanging on to the wrong answer just to protect my stats here in Justanswer land does not do anyone any good at the end of the day, so lets revisit your question and see why you have 2nd thoughts
Ok....I've checked everything I can find re whether or not you need to file the form and enter the carryover on line 10................I will be eating crow soon........hoping it tastes better with BarBQue sauce............because I did tell you incorrectly .....and I really do apologize.........I actually fill out alot of these forms every year....but I have no idea what I was thinking of when I gave the incorrect information.
The detailed computations from above (Ex: )2011 unused foreign tax credit $___) should be attached to the 1116 Form when you file the return since you will have to mail it in at the point anyway;
Also, please remember to file a separate Form 1116 if you have different kinds of foreign income. Ex: you get dividends
(which is passive income
, so you will have to file an 1116 form for passive income.
If you also have wages, etc, that would considered general category income, and you would need to have a separate form 1116 for this category.
I truly want to thank you for coming back to this thread so that I could correct my mistake.........please know that follow up questions are free.......and I certainly owe you this one.
You don't know of any REALLY good BarBQue sauce do you?