I have no idea why TurboTax 2021 is unable to compute the foreign tax credit automatically even though all the 1099 forms containing the information were imported directly from the banks/brokerages. I had to enter the amounts manually so it could complete Form 1116 for Interest and Dividends.
So I went back to 2020 and 2019 returns to check if the info provided was correct. I found that my 2020 return completely missed the foreign tax credit while my 2019 had an incorrect number for the credit in Schedule 3 (1116 was not filled).
These appear to be basic bugs. Am I doing something wrong or is this well-known?
Thanks!
