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Get your taxes done using TurboTax
@gauravsadhir wrote:
@DoninGA I have updated Turbotax Premier (Windows download) today (March 4, 2022) and checked Form 1116. It still says "COPY 1" at the top. However, the red "DO NOT FILE" text is no longer there. There still is text at the bottom of the form that says "DO NOT FILE (SEE HELP)". I am still unsure if I should file my federal return. Please let me know if another update is pending for Form 1116.
To the best of my knowledge there is not another update for the Form 1116 Foreign Tax Credit. I believe the Do Not File means that the Form 1116 is not required. I would go ahead and file the federal tax return.
March 4, 2022
2:36 PM