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Business & farm
Line B on Form 1116 Foreign Tax Credit is where you report lump sum distributions from foreign sources. It sounds like you are not reporting that, so you can try entering $0 for that line item and that may resolve your issue. If you can't enter the amount in the screen where you see the error, you will have to work through the Foreign taxes section of TurboTax, which is in the section called Estimates and Other Taxes Paid, in the federal Deductions and Credits section.
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March 20, 2023
4:20 PM