SivaTTax
New Member

Deductions & credits

I have foreign tax credit from previous years. For the current year, I have foreign income that i am reporting and including US tax, however I paid less tax in that foreign country.  Turbotax still does not take the previous year's unused tax credit to enable to me take full tax credit against what I am paying as tax for the foreign income .  The column has 0 values although I have entered the used credit amounts in the right places - it shows the right amt as unused but shows 0 as carry over amount to be used for current year.  Any help on how to fix it would be great.