- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Namaste PK ji,
Thanks for your expert guidance! Relieved to understand that TT is doing its job and there was nothing wrong in how the Foreign Tax Credit was calculated.
It seems that TT did not carry forward unused Foreign Tax Credits from the previous years. But, again, I must be overlooking something. It is not a significant issue: the amount (if any) would have been small because of the maximum amount of credit (line 21). Also I think 10 years are allowed to capture missed credits. Next year, I will try to understand the subject to have some assurance that I am using all of the allowed credits.
Have a wonderful day!
Best regards
‎October 13, 2022
1:26 PM