Thought I would share what I figured out in case this applies to others:
When running the Federal Review, I got an error message saying that Form 1116 is not available. We all know that it is. However, when I used the FORMS option of my return, I saw that TT did compute the Form 1116 amount correctly and it put a note at the header saying the Form did not need to be filed. So, I checked with IRS and found that since my Federal Tax Credit is less than $600 (for married couple) and since my Federal Taxes were all due to passive income and were reported on the appropriate Form 1099's, I did not have to file the Form 1116. So, bottom line for me is that TT properly handled my Foreign Tax Credit. What confused me was the note during the Review stage that implied my return was not complete. I haven't filed the return yet but am about to. Hopefully it files and is accepted. If not, I'll post about it.
