My client earned employment income in the United States with two different employers. One period of employment lasted 8 months whereas the other period lasted 4 months. Why does DT Max add up the two periods and calculate a credit on form T2209?When you enter two Foreign-Inc groups with the option Employment and use the same country identification code for both, DT Max matches up the two entries. The credit is calculated per country and no distinction is made between the group where the entry has a period that is eligible for the credit of form T626 (more than 6 months) and the group where the entry has a period that is not eligible. As a result, DT Max will calculate the foreign tax credit on form T2209. If you want DT Max to generate form T626 for one of the Foreign-Inc groups and form T2209 for the other, use a distinct country identification code for each group as follows:
October 27, 1999 | |||||||||||||||||||||||||||||||
