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Level 2
April 11, 2022
Question

Delete form 1116

  • April 11, 2022
  • 3 replies
  • 15 views

I have no foreign tax credit, but it keeps saying I have $1 credit. I am trying to delete form 1116, but I go to the Tools menu, there's nothing like Tax Tools in the Menu. I only see Tools menu and nowhere I can find delete forms. 

 

The quest is: how do I delete the $1 foreign tax credit? Thanks!

3 replies

Level 15
April 11, 2022

You’re probably seeing the deletion procedure for TurboTax Online.  

It looks like you’re using the desktop version, so please see the TurboTax Help article How do I delete a tax form in the TurboTax CD/Download software? for guidance.

yuntaogeAuthor
Level 2
April 11, 2022

Thanks a lot for the reply. I followed the instructions, opened the form, and deleted the form. But the $1 foreign tax credit is still there! And if I try open the form again, the same form is still listed!

Level 15
April 11, 2022

If your return is showing a $1 foreign tax credit, one of your tax forms may have a $1 for foreign tax paid. You won't be able to delete the 1116 form if this is the case. Review your tax forms especially your Form 1099-DIV, Box 7 Foreign Tax Paid to see if there is an entry for Foreign Tax Paid.

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