Are you sure by checking the box “Not using FTC carryover this year (2021) "that the prior year supporting schedules will be deleted, especially if there is a IRS 10 year carry forward period.
I filed an amended 2019 return by mail in early April 2021 and carried back some of my 2020 FTC as permi ted by IRS regulations. Still could not use all the remainder of 2020 FTC in 2021 and I am stymied by this Schedule B requirement to Form 1116. I could use some of the FTS credit that remains from 2020 in 2021!
The IRS website IRS.gov for Forms and Publications has the Schedule B to Form 1116 released in December 2021. Is there a new Schedule B and instructions to Form 1116 to be released 3/31/22?
BTW it took the IRS over 10 months to process my amended 2019 return that was filed early April 2021. I do not want to file by mail and be caught up in the processing delay that now exists. Delayed processing for regular tax refund or credit to next year will effect by estimated tax payments for 2022!
