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Deductions & credits
There seems to be an error in TT. My foreign tax credit is $75, well below the $300 IRS threshold for needing to file an 1116 form. TT should let me continue without saying that I need to file an 1116, which they have yet to supply even though the IRS has made it available for a week or two now. TT needs to fix the program to allow those of us who are not required to file an 1116 to continue and file.
‎February 27, 2022
7:33 AM