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Deductions & credits
Yes, to ensure you receive a foreign tax carryover into 2024, switch to the forms mode in your program. Now locate 1116 Comp Worksheet in the left pane on your screen. it should be in the menu path directly below Form 1116 (copy XX).
Scroll toward the bottom of the worksheet when it appears to see if there is a carryover into 2024. Please see the screenshot below.
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March 19, 2024
11:28 AM