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Deductions & credits
To simeon4497…
The IRS is requiring a new reconciling schedule this year for foreign tax credit carryovers. https://www.irs.gov/pub/irs-pdf/p514.pdf
If you read through this thread, you will see a few postings discussing the new IRS requirement. You will also see postings that TurboTax might come up with a solution to E-File by providing the capability to include a PDF with the new IRS Form 1116 schedule B requirement.
March 7, 2022
6:40 AM
2,883 Views