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Deductions & credits
I have more than $300 in foreign taxes and more than $10,000 in Schedule A deductions so I would think that Form 1116 would be better to use. As I said TurboTax seems to have a problem when you have more than one 1099 which have foreign taxes from a country or more than one country on a single 1099.
Is it OK to manually enter information the Foreign Tax Credit Computation Worksheet and under each country combine foreign tax and foreign income from 2 countries?
‎October 2, 2023
12:32 PM