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Problem with Form 1116- Foreign Taxes
Hello.
I am having a real problem with how TT is handling Form 1116. I have a pretty vanilla situation- I have 2 separate 1099-DIV's that are reporting foreign passive income with corresponding foreign taxes paid. I am trying to take the credit for foreign taxes and not the deduction. When I walk through the TT questions and enter the 10 different countries, the sequence of events doesn't allow me to enter the corresponding income and expenses for each country. It's like the TT programming is wrong and it only allows me to enter one country per 1099-DIV, but one of my 1099-DIV's has like 10 different countries listed. Is anyone else having this issue?
Thanks
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‎February 28, 2023
3:55 PM