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Get your taxes done using TurboTax
Thanks Julie. I did not see your post until after I did exactly what you recommended. I was having issues like many others with the warning that I was going to need to file by mail -- no e-file. So, I deleted the Form 1116 and all is fine. Got my full foreign tax credit. I did not need the FM1116 as our Foreign Tax was less than $600 (Joint Return). Turbo Tax should have automatically directed me to the non-Form1116 route (this year and other years) which would have actually saved be by not having the carry over penalty. Spent several hours researching the various posts (sorry that I missed yours) and finally just did a trial test run and deleted the 1116. Voila!
March 7, 2022
3:09 PM