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Form 1116 (error?) - "Foreign Tax Credit Comps Wks: Paid/Accrued Boxes must be entered
Hi,
I am filling out Turbo Tax exactly as a did last year. This year, I am getting an error in Smart Check that I have no idea how to fix, and thus I cannot file:
The error takes me to the1116 worksheet but I don't know how to fill it out and it was never a problem before.
My wife and I have over 10K in a foreign bank account. It earns no interest. That's it. We fill out an FBAR every year. I have checked off the boxes that say we have a foreign bank account and foreign assets.
Help!
March 28, 2021
3:31 PM