After long call with TT support and going back and forth, we finally have solution/workaround. You need to follow exact steps documented in this link https://ttlc.intuit.com/community/tax-topics/help/where-do-i-enter-the-foreign-tax-credit-form-1116-....
TT did not accept that there is product issue but I can tell you from my experience, this is product issue. I am glad this is behind me and I can complete my taxes. Hopefully, this will help someone else to avoid going though the same pain as myself.
