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Turbotax online - no way to enter foreign capital gains and foreign tax paid for them
I can enter foreign income and foreign tax paid for interest, dividend and earned income but there is no way to enter foreign capital gains and foreign tax paid for them. This normally should appear on Form 1116 as foreign passive income along with the foreign tax. Since the Form 1116 cannot be accessed and the interview does not allow/ask foreign capital gains and taxes, there appear to be no way to enter this data.
All the answers in the community point to the foreign tax credit link that allows you to enter only interest and dividend income. There is a screen that asks you to enter LTCG but it doesn't seem to do anything.
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‎July 17, 2020
3:29 AM