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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.
‎September 26, 2023
1:59 AM