Last Friday I wrote:
I've been following this thread all along and last Thursday 3/3 I installed the available update thinking my problems getting a $370 credit for some foreign taxes paid by an RIC in a few international index funds was over. However i still have the same problem. After following all the steps required, I get to what I hoped would be an OK of the credit when instead I'm told, as I was before the update, that I'm ineligible for the credit and the link that purports to tell me why opens a little page explaining something to do with an AMT credit eligibility. Did anyone else have a similar experience and is there a solution to getting the credit OKd? Is my problem due to an answer I gave to one of the queries?
Once again after going through all the steps and answering all the questions, I'm told my foreign tax credit is $377 and is therefore below the MFJ exclusion ceiling. I innocently clicked on continue and was greeted with a large font stating in contradiction: "It turns out you don't qualify for this credit" but "We'll keep looking for other tax breaks for you." There was also the clickable text "Why don't I qualify" which linked to a small window headlined irrelevantly "Why don't I qualify for the Prior Year Minimum Tax Credit?"
Since the $377 credit shows up in the 1040 along with all its backup nicely linked to the 1116 et al, I've decided to just efile the thing as is and see what happens.
