Yes, to record a foreign tax credit: If your foreign taxes paid are more than $600, please perform the following steps.
1. After signing into your account, select Take me to my return.
2. At the right upper corner, in the search box with the magnifying glass , type in foreign tax credit and Enter
3. Select Jump to foreign tax credit
4. Start with screen Foreign Taxes and select Continue to follow prompts.
5. At this time, you will need to stop because the IRS is currently working on Form 1116 for 2021.
6. Note, if your foreign taxes are $600 or less, you may enter this directly in Turbo Tax
- Go to Federal
- Deductions and Credits
- Estimate and other Taxes paid
- Foreign Tax Credit
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
