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Deductions & credits
Hi - all. I am also experiencing this error for the first time and unable to e-file. The specific error I get from TT is the following:
Return/ReturnData/IRS1116/ForeignTaxCreditSource/ForeignTaxesPaidOrAccruedDt - We encountered an issue processing your e-filed return. Please review the "ForeignTaxesPaidOrAccruedDt" on Form "1116" in the section "ForeignTaxCreditSource
I have reviewed this detail with TT CPA and all my tax forms and this DOES appear to be a bug issue for this years version. We also compared my prior years return and everything was exactly the same. Note I did not in prior years claim a deduction and have also claimed a CREDIT. Note in IRS rules you cannot switch between deductions or credits and you have to select one or another.
Will continue to escalate this issue with TT for resolution. I live overseas and do not want to mail a return during COVID times.