- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Form 1116 incorrectly calculates gross income from all sources. It's more than doubling my income.
After previewing my 1040, I have no idea where the calculation is going wrong. I've double checked my income and stock gains/losses, and everything seems to be right. The 1116 calculation works when I remove my 1099 info, and still doesn't work if I renter my 1099 info manually (instead of importing it from my broker).
Turbotax specialists aren't any help here. I've shown this error to many specialists who confirm something is wrong, but they always tell me to double check my numbers and can't assist me any further. I've spent hours trying to figure this out. Can anyone help me?
Topics:
May 10, 2021
12:07 PM