- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
It is a tax credit, not a deduction. It goes on Schedule 3 line 1; from there to line 20 on form 1040.
TurboTax will pick it up automatically from your form 1099-DIV entry. Usually form 1116 is not needed.
May 2, 2021
5:53 AM