- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@hccheung I saw and therefore recreated a similar situation for another user using Multiple RIC and two separate country. I did almost all the entries in the step-by-step mode and then finally went to the form 1116 Comp wks. and saw a few issue . This is when I saw that the actual worksheets for the 1099-DIV had no / incomplete entries for total asset , adjustment and then adjusted basis. Corrected these and then everything worked fine. The part that I did not do and will do now, is whether Turbo had any screens asking for those details -- because absent that how does the user know when and what to enter for these entries. It seems that Turbo expects the users of form 1116 to have quite a bit of knowledge about the form 1116 ( generally would be a stretch ). So let me create the scenario and I will come back in a few.
pk