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How do I get to a $300/600 full Foreign Tax Credit as in IRS Pub 514? My TT 1099-DIV Box 7 wants BOTH a f1116 and Sch A checked. S-by-S says I have AMT. I don't. A bug?
"Use f1116 regardless" is unchecked on the Info Wks page. S-by-S took me straight to doing f1116; no options. There was unused FTC last year. Not using this year. On the carryover page the AMTFTC column duplicates the FTC entry since there was no AMT.
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‎February 26, 2023
7:21 PM