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Form 1116 not accepting 2 different foreign tax paid entries (and foreign income sources)
TTax is only accepting 1 foreign income source, reflected on Form 1116.
However I have 2 to report, one from a specific country held in a single stock with one broker, reported on the broker's 1099 statement; the other is for 3 mutual funds held by a different broker, reported on their 1099 statement. Either the single-stock foreign tax paid is registered by Ttax on Form 1116 or the mutual funds get registered on Form 1116 (and not the single-stock).
I had started to fill out foreign taxes paid before 3 March, beforeForm 1116 was finally made available.
Is there a bug in the new Form?
March 3, 2022
8:33 PM