I have $887 of foreign tax paid shown on Box 7 of my 1099-DIV from various countries. I am trying to get the foreign tax credit but when I go to "deductions and credits" and then "foreign taxes" and click through it asks if I want an itemized deduction or to take a credit. I click "take a credit" and have tried to answer the questions that follow (the only foreign tax paid is related to ETF's listed on the NYSE which hold some foreign securities). I don't know what I am doing wrong but I do not get the credit (my taxes are lower when I say I want to itemize instead of getting the credit, but that doesn't make sense). Any ideas on how to fill out the foreign tax credit screens properly in this situation? I am using TurboTax desktop. Thank you!
