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Where to enter foreign tax credit excess limit remaining?
Tax firm did my taxes last year and have a couple of carry overs. They are the unused foreign tax credit from 2017 called "Excess Limit". One for each on 1116 and 1116AMT.
I see no where in TurboTax to enter this this excess limit carry over. 1116 Comp Worksheet has 4 columns for 2008-2017. Non of these columns seems to be designed to track the excess limit.
See pic
2017 non TTax = 7 tax carryover stmt from tax firm
2018 TTax = TTax 1116 Comp Worksheet.
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‎June 3, 2019
10:16 AM