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Deductions & credits
Thank you for that. However, when I go through the worksheets for the foreign tax carryover to keep track of my 2021 and 2022 foreign tax credits, turbotax desktop for Mac does not generate the form 1116 and coinciding schedule B for my foreign tax "general category income" when I print preview before filing. I'm wondering if this is because my foreign general category income is $0 for 2023. However, based on your statement, I need to file form 1116 and the coinciding schedule B for the "general category income" to retain the credits. How do I get the software to generate the form 1116 and schedule B to reflect my foreign credit carryovers from 2021 and 2022?
‎April 6, 2024
3:13 PM