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I have only $35 in foreign taxes paid on 1099-DIV. Why does TurboTax insist that I have to file form 1116?
See title. In previous years, I could simply just take a credit of up to $600 of foreign tax (MFJ), based on passive dividend income reported on my 1099-DIV. Per 2023's 1040 instructions for Schedule 3 - Line 1, this is still the case.
How do I do this via Turbotax in 2023? Or better yet, what/where/how do I check some buried worksheet somewhere that apparently has the wrong info that is triggering this form 1116 requirement?
‎April 7, 2024
10:20 AM