It is possible that the foreign tax deduction is more advantageous than the foreign tax credit. You are allowed to deduct all of your foreign taxes but can only take the foreign tax credit in the current year to the extent of your US income tax on foreign income. So if your foreign tax rate is high and your foreign income is low in relation to your US income, the deduction may have the better result.
You can look on line 1 of your Schedule 3 to see if you are getting the foreign tax credit when you choose that option in the program.
To view your form 1040 and schedule 1 to 3:
- Choose Tax Tools from your left menu bar in TurboTax Online while working in your program
- Choose Tools
- Choose View Tax Summary
- See the Preview my 1040 option in the left menu bar and click on it
- Choose the Back option in the left menu bar when you are done
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