Yes. It does produce the Foreign Tax Credit without necessarily producing Form 1116. Credits are always better than deductions, but the foreign tax paid can be reported either way. To report the foreign tax paid as a credit, please see this article: Where do I enter the foreign tax credit (Form 1116) or deduction for 2019?
@DanSen
@JackieL1
AncientGeek I recommend deleting your state return and re-adding it. Before re-adding it, verify your input under the MyInfo tab from the left menu.
BILL86 I recommend deleting your state return and re-adding it. Before re-adding it, go to the Wages & Income section with your IRAs and verify what is input there.
To delete a state and re-add it:
- From the left menu select State>
- Continue>next to your state, click the Trash Can icon and follow through the rest of the questions ending with Done
- Click Add Another State>Your state>and go through the interview again.
@AncientGeek
@BILL86
