@bogalur_native
Correct. Essentially, all that waiting for 1116 Sch B achieves is allow you to take tax credit this year for past Foreign Tax carryovers.
If you, like me, don’t wait for this document, you can take the tax credit next year since TT will transmit your past carryovers to the IRS irrespective of whether or not you wait for 1116 Sch B.
