rtmol1
New Member

Get your taxes done using TurboTax

Hello, 

 

I have the same issue. I realize you do not need to enter the foreign currency amount, but the issue is IF 'you converted them to dollar amounts' (which I did based on IRS 2020 currency conversion table) as my employer statements are in Euro. I did not notice this 'unusual situation' instruction before attempting to e-file after turbotax said everything looked good. I then got a rejection and was asked to correct the foreign tax section. I can only assume this is the problem? I can't imagine this is such an unusual case for form 1116. Is there any work around to this?

Thank you!