Can I still claim a foreign tax credit on salary that I already excluded under Form 2555?
I am a French founder who used Form 2555 for part of my salary while living abroad, but I also paid French income tax on that same compensation. The French tax is large enough that it feels wrong to lose it entirely. A friend told me I can just put the leftover tax on Form 1116 as well, but my preparer says that is not allowed.
I want the simple answer grounded in the actual IRS rule. If the exclusion blocks the credit for the same income, I would rather know that now than build the whole return on a bad assumption.
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