By all accounts, Form 1116 Line 12 should be empty on my return, but instead it has a value equal and opposite to my total foreign taxes paid on Line 9. I do not have a Form 2555 and I am not taking a foreign earned income exclusion.
When I look at the Foreign Tax Credit Computation Worksheet Part III Lines 12a(1-5) I see this:
- 0.
- 0.
- 1.0000
- 22,849
- 22,849
It isn't clear to me why this section is filled in at all, since I do not have a Form 2555. And 12a2 is particularly problematic, since my "Total foreign earned income (FEI) less related deductions" should be many thousands of dollars, not 0. This then seems to lead to 12a3 having the value 1, when it should have the value 0. And the problems compound from there.
Any suggestions on how to get TurboTax to fix this?
Thanks
