The TurboTax forms availability list has recently been updated for Form 1116 Schedule B. For the latest info go to IRS forms availability table for TurboTax individual (personal) tax products.
Schedule B of Form 1116 is new this year. The form is used to reconcile your prior year foreign tax carryover with your current year foreign tax carryover. Taxpayers are therefore reporting running balances of their foreign tax carryovers showing all activity since the filing of their prior year income tax return.
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