rhs3
Returning Member

Deductions & credits

HELP . . . .. .....

IRS instructions explains to election to claim the foreign tax election without filing 1116. 

This specifies that the foreign taxes don't exceed $300 ( single ) .

We are instructed to enter the amount on Schedule 3  , line 1.

But when I do this TT takes me to a worksheet  with only two options : Deduction or 1116 .

1116  generates a much lower credit.

rhs3