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Form 116 Schedule B - Getting it down now - even if it is wrong
I understand that TurboTax that Form 1116 Schedule B is not going to be available this year for electronic filers. In the last two years, I have not paid any foreign tax but I do have a foreign tax credit carry over from several years. As such, TurboTax says that I should file Form 1116 Schedule B. However, I cannot do this if I use TurboTax. Is there a way I can tell TurboTax to throw away the credit so I can file now? If so, how?
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March 5, 2022
1:17 PM