Been using TT since 2014. All our (small) foreign income and tax has always been passive, exclusively from mutual funds with international stock holdings in a taxable account. We've never owed AMT in any year (including 2019), and have never needed more than one 1116 - in fact, until 2018 we didn't need an 1116 at all because the total amount of the foreign tax credit was below the threshold, and in 2018, it was all utilized for the credit. I did not make any "simplified election" that year because TT never asked - completely irrelevant.
So why is TT now telling me that I have elected the "simplified method" before? And why is it computing an "AMT Foreign Tax Credit Carryover" when the entire foreign tax amount is being utilized in the normal way for the credit and no AMT is imposed? It's just as irrelevant this year as it was before.
