KrisD15
Expert Alumni

Get your taxes done using TurboTax

Yes, select yes.

 

You may need to enter the amount that should be carried over and is available to use this year. You then enter how much of that you want to claim for this year's return.  

 

First, please look at form 1116 line 10. This will show how much, if any, foreign tax is being carried over. 

 

If line 10 does not show the 660 from 2023, you'll need to enter that on the screen that follows during that interview. 

 

TurboTax does not automatically apply any carryovers since they could have been carried back. TurboTax needs you to tell it what you carried over and how much you wish to use each year. 

 

The carryover you enter this year may be listed next year, but you always need to verify and select how much to apply each year. 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"