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Business & farm
if the total of FTCs is $300 or less ($600 married filing jointly) no 1116 is needed. (the FTC can only be from passive income like dividends and interests other FTCs require their own 1116 and the $300/$600 rule no longer applies.
I don't think Turbotax ever automatically completed the 1116 if the form was required.
Nevertheless this year you must complete the form in "Estimates and Other Taxes Paid" section under "Deduction and Credits"
March 13, 2025
10:00 PM