KLT19
New Member

Foreign tax credit doesn't work for K1

I can't get the Foreign tax credit for the K1 to work.  I have put in all the info from the K1 and the K3.  It always is zero for the credit.  I did this Foreign tax credit first before the dividends one, so that isn't the issue.  I have read most of the notes from Turbo Tax about the FTC, and I still can't get it to work. Customer service suggested deleting the dividend statement with foreign dividends.  That didn't work.  I have spent several days and many hours on it and I can't get it to work.  I am close on the deadline for October 16th.  I can't finish the states until I finish the Federal taxes.  I received the K1 info just a few days ago.