Serbinski Accounting Firms

In filing out this form somewhere I read in the instructions that Corporate profits are not to be included as reportable income on this form. In my example I am a PR in canada, US citizen, I have a canadian corp and take a salary of $75000, I also take dividends each year of say $20,000; I am wonder...

I am a US citizen with Perm Residence in Canada and have some investment within the US which yields high interest income. When filling out my US return, I read somewhere in cyber land that I need to file form 1116 so as to re-classify my interest income so that only 10% of it is taxed on my US retur...