Issues with Form 1116, Foreign Tax Credit:
1. Why does TT create multiple copies of 1116? Doing so prevents filing online so I'd like to consolidate all foreign taxes on one 1116.
2. I printed all the paperwork on 1116, Copy 1 and Copy 2, and Alt Min Tax, Copy 1 and Copy 2.
- On the regular 1116 and Alt Min Tax: It did not preview or print Page 2 on Copy 2.
- On the Foreign Tax Credit Computation Worksheet: It did not preview or print Page 2 on regular 1116 Copy 1 and Copy 2.
- It did preview or print Page 2 on Alt Min Tax Copy 1.
I can't determine what should or should not be previewed/printed, but it is clear something is amiss with this aspect of 1116. More importantly, it's difficult to figure out how to consolidate into one Copy of 1116 if I can't see all the information properly.
3. Do you have any suggestions of how to avoid TT creating multiple copies of 1116? What conditions cause TT to assign some foreign tax to more than one copy? I noticed Copy 2 of the regular 1116, Part I, it shows "RIC" as the Foreign Country or US Possession; Copy 1 does not have RIC, nor does it have the 3a-3g information that is on Copy 2.
Thank you for your attention to this matter.
WC Hackler
