Get your taxes done using TurboTax

Thank you PatriciaV !  You are greatly appreciated!

I am so happy to finally find a clear and meaningful answer to this issue.  Since the forms will likely NOT be available in Turbotax by April 18, 2022, I am seeing three realistic options:

 

1.  Give up the foreign tax credit (in my case) for now, and e-file by the due date.  Then amend the return later in the year (or next year) in order to capture the refund of the foreign tax.  This will be my choice.

 

2.  Download K-3 from the IRS, struggle through the 34 pages of instructions and 20 pages of the actual form, and MAIL in my completed return.  This choice looks awful.  The instructions and the forms look awful.  The website called "The Tax Advisor" strongly recommends NOT trying to do it yourself if you are not a tax professional.

 

3. File an extension, send the IRS the money that I think that I will owe them by April 18, and wait (hope) for it all to settle out, and file my tax forms in October.  This might be a good option for folks who don't want to file an amended return.  However, it is possible that this will not be all sorted out by the October due date.

 

I will choose option 1.