pk
Level 15
Level 15

Business & farm

@msj.108  It is looking for the date when you paid /accrued the  foreign taxes claimed.   TurboTax should have asked  for this date  -- most people out in 12/31/2020 for the  tax year 2020.   Note that if the  foreign country's  tax year is different from that of USA  ( for example UK  runs from 04/01/2020 through 03/31/2021 ), you have to adjust  to make this fit into the US Calendar year ( tax year) -- you have to do the same for  the earnings also ( for purposes  of foreign earnings and exclusion.

 

Also form 1116 needs to have the  source country entered ---  its either RIC / Various for  investment income  through US brokerage or the Two letter code for the country where  the  income came from ( source country ) --- this is because  you cannot get credit for  countries  where US prohibits / sanctions interaction.

 

Does this make sense and solve  your issue  ?