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Foreign Tax credit handling - Frustrated
Friends,
I have two foreign source investment incomes (one from my mutual find and another from country where I lived). Entering these and taxes paid and figuring credit has taken more than 6 hours. It is not straight forward at all.
Now to my question :
I have a form titled Part III(1116) - Credit Carryback / Carryforward from my prior year returns. I cannot find anywhere to enter these. When I searched, I saw a post that mentioned I have to create a country "Carryback" but I am unable to add a country. Can some of you please reply with the info on how to enter "Credit Carryback / Carryforward" from my prior year.
Thank You
Topics:
‎April 4, 2022
8:09 PM