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Form 1116 (COPY 1) -- Foreign Tax Credit Comp Wks: Line 4b2c Total shouldn't be less than or equal to zero?
TurboTax Premier Online. What is it asking me to enter here? I have no trade/business interest expense or business assets (this is on the worksheet to compute the credit for foreign tax paid reported on a K-1 for an estate/trust). During the federal review it asked me to fill out lines 2a-c for which I entered '0' and then I ran into this. Allocation ratio was already set to 1.0, I don't know where it was sourced from. Thanks in advance!
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March 26, 2022
8:38 AM