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Get your taxes done using TurboTax
I got so frustrated that I just wiped out my 2022 data from TT. I switched from taking a credit to a deduction for foreign taxes - just to see how it would affect my return. A LOT! It appears the problem is the 1116B. I only have a $20 carry-forward foreign tax credit from 2020. I am willing to forgo that but HOW????? Has anyone else, whose foreign taxes are over $300 for single payer, done this? And IF SO, did the credit go through?
March 5, 2022
12:14 PM