This is ridiculous. I am running (Released 3/2/2022) Program Updates - Install succeeded 3/3/2022 7:18 AM.
To enter the Foreign Taxes Paid, I:
Clicked on Federal Taxes
Clicked on Deductions and Credits
Clicked on I'll choose what I work on
Scrolled down to Estimates and Other Taxes Paid
On Foreign Taxes, clicked on the Start/Update button
Tell Us About Your Foreign Taxes
Check any that apply to the foreign taxes you paid for 2021.
✓ You have no more foreign taxes to enter other than those you already entered on a 1099-DIV, 1099-INT, 1099-OID, or a Schedule K-1.
✓ You have no foreign tax credit carryovers from earlier year or you have carryovers and you agree NOT to use them this year.
Do You Want the Deduction or the Credit?
Foreign Taxes
Your foreign tax credit is $xx.
Your election to take the foreign tax credit without filing Form 1116 is effective only for 2021 and doesn’t carry over to future years. If you are eligible to claim a foreign tax credit in 2022 without filing Form 1116, you must select again next year.
TurboTax states I am electing to take the foreign tax credit WITHOUT filing Form 1116, yet when I do the Federal Review, I get the "Tax Forms to Revisit" message:
This is just a quick reminder that we need to work on the tax forms in your return that were previously under construction. We’ve listed them below.
If your forms still aren’t available, we’ll help you complete them in the dates shown.
Form 1116 Foreign Tax Credit – Available 0
TurboTax states I am electing to take the foreign tax credit WITHOUT filing Form 1116 and Form 1116 states "FORM NOT REQUIRED TO BE FILED" at the top.
I don’t even need Form 116, but I still cannot file my return until TurboTax fixes this. Would someone at Intuit please advise if it's okay for me to simply ignore the "revisit" request. ?
