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After comparing the tax implication for foreign tax credit vs. deduction, I chose to take the deduction. TurboTax still shows $1 in foreign tax credit, in form 1116.
I believe this is Turbo Tax bug, that it couldn't complete remove all the fields in foreign tax credit, and enters $1. Because I am taking deduction for foreign tax, I should not file 1116. Is there anyway to remove this from my tax return?
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‎June 1, 2019
8:18 AM