Yes, you do need to file the form 1116 to carry the tax credit forward until you can use the credit. If you do not document the carry over you will lose the credit.
Yes, TurboTax will allow you to re-enter carryovers as needed in the future years.
Foreign Tax Credit
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
