@pk thanks for your detailed response. yes, this form 1116 and its worksheet are used for a many kinds of foreign income but the vast majority of us mere mortals 🙂 just have a bit of a bit of foreign taxes paid because of some of our mutual funds.
for that reason, TT should recognize that fact and ask if this is the case rather than ask us to enter line items on the worksheet that are hard to understand.
that being said... when you suggest to just "enter 0 for adjustment", im not sure I understand? was that an option when it showed me the error message?.... I think the error message I got told me I had to enter amt for 1116 worksheet PART I, 4b ->1b "adjusted basis of investment assest generating foreign income
and 1c "adjusted basis of total investment assets
both of these are "User Entered" and I dont think you can enter 0 without an error message
can you please take a look ? Thanks!
