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Federal Smart Check finds 1099-DIV Worksheet issues. Has to do with Box 7 foreign tax paid, but I previously already chose "Take tax credit"?
I know I lot of tax code changes have taken place, especially this year, but don't find anywhere that states Form 1116 must be filled out no matter what this year. IRS still states if MFJ and foreign tax credits <$600, then no need for Form 1116, just as in recent years.
TT is seemingly stopping me here to fill out a link to Form 1116 or else change to deduct foreign taxes on Sch A, which loses the foreign tax credit.
The software already asked during deductions entry whether I was able and wanted to choose to take a deduction or take the credit. I chose to take the credit since I was eligible, so it this just a glitch/bug?
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‎June 4, 2019
12:39 PM