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Foreign Tax Credit Carryover
I paid $600 in foreign taxes in 2020. TurboTax entered it on my 2020 1040 line 6 "Other taxes. List type and amount" as "Foreign Taxes Int Div". I did not fill out a foreign tax credit form 1116 for 2020.
I'm currently doing my 2023 taxes on TurboTax and I'm on the screen asking about Foreign Tax Credit Carryovers. Can I enter the $600 Foreign Taxes for 2020? Thank you.
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‎February 17, 2024
8:06 AM