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Deductions & credits
@tfberry wrote:
Thanks to you and DaveF below in this thread. I am prepared to file paper but don't want to due to the ridiculous delays in processing paper....so I'll be a bit patient. People blame TT and they deserve part of it but let's be fair. The stupid IRS didn't even create this form until Dec 2021. And the old "Foreign Tax Credit Carryover Statement" has much more info than Form 1116 Schedule B which I have obtained online from the IRS and filled out the form (PDF format) just in case I'm forced to do paper. The ONLY info on it not on previous FTCCS form was the carryover generated for 2021 year. Yet the old FTCCS form has much more info such as Foreign Taxes for each year paid and Utilized column which Schedule B has neither.
Form 1116 Schedule B, Foreign Tax Carryover Reconciliation Schedule will be available in TurboTax for printing on 03/10/2022 and for e-filing on 03/11/2022
Go to this TurboTax website for IRS forms availability - https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotax_fed_online_individual.html