aragno
Returning Member

Do I need to file a 1116 (or 1116 Carryover Statement) even with no foreign earned income?

I have previously been working overseas for many years as an expat.

In 2021, I had no earned income overseas and thus no foreign tax paid.

 

Do I need to continue to file Form 1116 or Form 1116 Carryover Statement in order to "keep track" of foreign tax credits in case I am able to use them in a future year?