AnnetteB6
Expert Alumni

Get your taxes done using TurboTax

TurboTax Deluxe is the lowest version of the program that includes Form 1116.  If you are going to claim the foreign tax credit for the taxes that were paid, then you will be required to upgrade.

 

To avoid that upgrade requirement, you can leave the foreign taxes paid blank on your Form 1099-INT entries and choose to not claim the credit even though it is to your benefit with regard to your tax return (fees not being considered).

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