After spending days going through the TT online version and my impending filing deadline just a few days away, I came across this section which says to check for "unusual situations". Since the section in bold applies to me, now what? I have already paid for the online version but haven't filed yet.
Here are a few unusual situations relating to Form 1116 that are not handled in Interview:
- Foreign taxes paid in foreign currency and you converted the amounts to U.S. dollars
- Some interest, dividends, partnership, S corporation, or estate and trust foreign tax paid should be reported on Schedule A, and some should be reported on Form 1116
If any of these situations apply to you, you cannot use TurboTax Online to prepare your return.
