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Deductions & credits
TU. I did figure out where/how to enter the carryback. So, in 2021 (per my TTax filing) I paid $3,051 in foreign taxes, utilized $$1,571, and carried forward to 2022 $1,480. In 2022, I paid foreign taxes of $3,073 and got a credit of $473. Ttax told me to carry back $2,600 to FY 2021. I did so, and it did not affect my 2021 tax debt.
My question is: Is there any point in filing an amended 2021 return, in order to "preserve" that $2,600 credit for future years, or not? Thanks in advance for your help.
NG
‎April 18, 2023
3:44 PM