I have 2 separate mutual funds that have BOTH paid foreign tax as a RIC (Registered Investment Company). Federal form 1116 appears to be filled out correctly.
My state, North Carolina, also allows for a credit for foreign taxes paid, however, NONE of the information from my federal return is being carried to my state return where the tax credit is showing as ZERO.
Is this a BUG that needs to be fixed or am I expecting too much of this software?
