What do I need to do with this error message? Form 1116 Carryover Stmt (COPY 1): Your calculations could not be completed. Reference code: 9-897-045

posted

TT doesn't have a form to report carryover by year which is what the IRS wants. so, on line 10 of form 1116 click on the explain icon and by year list the carryover such as follows 2018 - $123

next line 2017 $55. note that the total doesn't carry into line 10. you must enter the total yourself.

hi all,

not sure if this was meant for me... I am worried that Turbo Tax is not advanced enough to be able to cover Foreign Tax credits.. I was asked to pay for my 2019 Tax return software and currently very disappointed as I cannot finish my tax return. I really would appreciate help.

Warmest

Claudia