Hi @SCswede SCswede:
You asked if IRSwill accept 1116 SchB electronically.
Over at the (much bigger) TT Community parallel discussion on this exact topic, going on right now, poster @Anonymous , after telling everyone to chill out and stop whining (this is very close to an exact quote, I believe), stated that no tax software can technically e-file 1116 SchB, but that IRS can accept a pdf attachment for 1116 SchB with the electronic filing, and that
TurboTax has not (yet) added this capability to its product.
annajoe803, if I didn’t quote you accurately, please feel free to chime in here.
On page 1 of this (here) discussion, @Payer06 and @Taxachusetts got into a back and forth with Don from Georgia about whether or not TT had been deceptive in claiming support for e-filing of 1116. Don, who is an expert in fine parsing, stated TT was not deceptive. But after Taxachusetts pointed out :
“TurboTax has historically supported E-filing when customers had foreign tax credit carryovers. Now, TurboTax will not support that. There is a $10 online tax program that will e-file tax returns when a person has foreign tax credit carryovers. Surely Intuit could restore this functionality if it wanted to”, the disagreement seemed to be settled.
Taxachusetts did reject the possibility that TurboTax doesn’t have the know-how (possessed by some other tax software companies) to restore functionality (rather than TT just deciding not to, to save money and maximize its profit). In the Bogleheads.com discussion on this topic :
https://www.bogleheads.org/forum/viewtopic.php?t=366971
the very knowledgeable poster - talzara - observed:
”Intuit is good at dark patterns, marketing, and lobbying. Intuit is bad at software engineering, and Form 1116 is one example”
He made that comment on January 9.
