Anonymous
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Get your taxes done using TurboTax
multiple 1116's should not prevent e file. each source go into its own column on the form if you have more than 3 there will be multiple 1116's. . you can also have multiple 1116's if one type is passive, another general, etc. As a matter of fact there are 7 types of foreign tax categories and each type needs its own 1116.
all FTC's comps are consolidated onto page 2 of the first 1116
TT does have an issue certain lines need a number that TT does not fill in automatically - it may be an allocated expense statement - just enter - none
‎August 18, 2019
8:36 PM