Hello and welcome again. Thank you for your reply.
No, you do not get stuck with that at all. The only thing is that once you select this, you are not allowed to claim a carryover or carry back for that year.
If you’re subject to the AMT, the alternative minimum tax foreign tax credit, AMTFTC, may be claimed for tentative minimum tax. The AMT foreign tax credit is similar to the foreign tax credit for regular income tax purposes, except that AMTFTC is used to reduce your tentative AMT tax. If you made an election to claim the foreign tax credit on Form 1040, without filing Form 1116 for regular tax purpose, your AMTFTC is the same as the foreign tax credit on Form 1040, line 47. Enter that amount on Form 6251, line 33. Since there is no foreign tax credit limitation and you cannot claim a carryover or carryback to that tax year.
Let me know if this helped or else I shall opt out and let someone else help you with this.
I am sure this would help. I wish you good luck.
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