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Deductions & credits
I am using the TT Premier Desktop and it automatically put the Foreign Tax Paid of $80 into my itemized deductions of Other Taxes. TT did not check which was better, credit or deduction, nor was I asked to select. I did enter the foreign dividend amount of $755 when asked. How do I fix this because I believe it should be a tax credit as it was last year for me. This seems to be a glitch in TT.
March 18, 2021
1:42 PM