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Deductions & credits
Who knew 2 people with nearly the same username would post at about the same time, but I think you’re asking me and not GarryDG.
Open up Form 1116 Comp Wks in Forms mode. There is a big box on Page 4, just above the carryover tables that says “Form 1116, Line 18 Adjustment Exception Smart Worksheet” with 3 boxes. If you have less than $20,000 in foreign dividends, you can check Box A and TurboTax will enter the lower amount on Form 1116 Line 18. (That was my situation.). If you have more than $20,000 in foreign dividends, you should be able to check both boxes B and C, and it will make the same adjustment.
March 5, 2022
9:26 AM