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TT sees Foreign Tax I paid but leaves value at zero.
Hi,
I have TurboTax Premier 2021. TT sees that I paid foreign tax on dividend income. I select to 'credit' option for foreign taxes. When I go to the section on Foreign Tax credit, TT asks me for the amount of income I received from each country (one for me, Canada). I enter the income amounts. When TT takes me back to the screen 'Your 202 Deductions & Credits' the foreign tax is still zero. But there is tax paid on the 1099's and TT claims to have seen it.
Any ideas?
Thanks,
Mark
March 7, 2022
9:44 AM