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Investors and rental owners
Figured it out, there are no errors in TurboTax.
Explanation: The maximum FTC you can claim is 15% of the foreign income amount. If for some reason you paid more than 15% of income, then the extra amount paid cannot be claimed against Canadian taxes. TurboTax correctly limits the maximum credit to 15%.
‎April 30, 2023
9:49 AM