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Credit for Foreign Taxes - TurboTax Premium
I am using desktop Premium version - I have interest income from a bank account in India where tax is deducted at source. Entered the income as if a 1099 was issued by the bank in India - as well as the total taxes that were deducted and paid to the Income Tax Authority in India. Evidently Turbo Tax is not capturing the Foreign Tax paid as I see no change in taxes due if I remove the foreign taxes paid or when I enter them in the 1099.
Any help on how to get the credit for Foreign Taxes paid, would be appreciated.
Thank you
Manoj Jain
‎February 19, 2025
11:36 AM