@TrishMarie; @Relaxed_Duck; @talltodd
I suppose @TrishMarie is using a downloaded PC version. Please start foreign tax credit dialog from the deductions & credits tab. Please go step by step. Try to take the credit and not a deduction. You need to make sure all your foreign sources of income are properly identified & correlated for the form 1116. If these steps go OK and if you have carryovers, the page will pop up and here you have the option to zero the carryovers. Trust it is helpful. IMHO, better to wait & I feel TT will fix the issue so that e-file would be feasible.
My other comments which may be useful to others:
1. As per the suggestion of @talltodd, I did contact the office of the president at TT. It is a very encouraging news. Hang in there. Maybe the hiccup will be fixed soon. Let us hope for a positive outcome.
2. Please note Form 1116, Schedule B is new for the year 2021. There are all kinds of complex sources of foreign income. Looks like as per some legislation, IRS has to come up with a way to comprehensively catch a reconciliation of these carryovers now in Form 1116, Schedule B. Sure, for simple cases of foreign dividends, foreign taxes and carryovers and such passive income cases, as someone points out, all the information is already there. But this is included as one category in Form 1116, Schedule B and it is not streamlined into the tax software. It is an unfortunate hiccup for most filers who may have only passive income and nothing complex.
3. IRS has released the details only by the end of 2021 for the Form 1116, Schedule B. It is a complex form that includes all kinds of foreign income sources. While the passive case is easy, it does not look so for other categories?
4. I doubt any vendor has a fully integrated software version without a pdf attachment version as a patch-up?
5. Let us hope TT comes out with a version that would be satisfactory to most customers with a simple passive income cases that can be e-filed.
