- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Form 1116 is not generated at the entity level. You will report the foreign taxes paid, and these will be allocated to the partners on a k-1. The partners will then claim the foreign tax credits in their own personal returns and generate their own Form 1116.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 28, 2025
1:52 PM