I posted a question earlier today about Foreign Tax Credits from prior years not being applied to my 2021 returns. Below is a posting by TT when I execute the Review tab on a return:
"Form 1116 - Worksheet - Total Outgoing Value has a value. This will require Form 1116, Schedule B, which will be available in a future product update."
Does this mean this year? The Form 1116 does not show a DO NOT FILE, which usually appears when a form is not yet final. The worksheet shows the 2020 carry forwards now being carry forwarded to 2022. Why are they not being applied to the 2021 return?
THANKS FOR ANY HELP!!!
Gordon
Houston, Texas
