I claimed foreign tax credits on an accrued basis in my workpapers but forgot the election statement. Did I actually make the election?
I am a U.S. resident founder living in France, and in our 2025 workpapers we computed the foreign tax credit using accrued taxes because the French assessment cycle lags behind payment timing. My return was filed on time, but we recently realized the election statement may not have been attached.
This matters because I do not want to discover later that we treated the return as accrued for internal purposes but never actually adopted the accrual method under the IRS rules. If the election had to be made on a timely filed original return with a statement, I need to know whether the file is incomplete or whether the checked box alone was enough.
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