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Why does Turbotax not transfer Foreign Tax Credit Carryover?
I had a foreign tax credit carryover last year. The only way I knew this was because I was comparing a draft print of the 2023 ALL WORKSHEETS RETURN, and comparing to the ALL WORKSHEETS print of my 2022 return. This value was not transferred over from 2022 to 2023. When searching for this issue, I read that TurboTax doesn't transfer this info. It has to be entered manually.
Why? I would not have seen this except by chance. I don't even know how many carryovers I've missed in the past...
March 21, 2024
9:04 PM