DaveF1006
Expert Alumni

Deductions & credits

it depends. If you are reporting a carryover from a previous year, do this.

  1. Click oFederal Taxes > Deductions & Credits > I'll choose what I work on].
  2. Scroll down to the Estimates and Other Taxes Paid section.
  3. Click on the box next to Foreign Taxes. 
  4. On the Foreign Tax Credit screen, click on the Yes box.
  5. Continue through the interview, entering the requested information. 
  6. You should arrive to the Carryovers screen.  Click the Yes box.  
  7. Enter your carryover amounts on the next screen -- Foreign Tax Credit Carryovers.  
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