Form 1116 has cost me at least a couple of iterations of filing my taxes in the past. It would be nice if something told me I needed it...but unless I was paying taxes to a foreign nation directly, meaning a transaction occurs in one of my accounts, I don't see how I would have it included in this report. Dividends I get, interest received, capital gains, etc. These are all entries into my ledgers that the report can be told to use. The taxes paid that are useful for the Form 1116 tax credit are only known to me when I get my 1099 Forms from my investment brokerage. I have absolutely no idea what they will be until I see that entry in the form. So, I don't understand how the tax report in Gnucash would be able to supply you with this information?
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