MarilynG
Expert Alumni

Deductions & credits

Under Deductions & Credits, scroll down to Estimates and Other Taxes Paid > Foreign Tax Credit.

 

You will be asked to enter info on any Foreign Tax you reported on your return this year.  Continue through the section until you reach a screen for Foreign Tax Credit Carryovers.

 

You can enter your carryover amount here.

 

TurboTax should carry the amount over from year to year if you aren't able to use any of the credit in the current year, but it's good to keep track yourself.

 

Use the Foreign Tax Credit Computation Worksheet.

 

 

 

 

 

 

@rlp2451

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