I have a foreign tax credit carryover from the prior year 2021. I want to apply this credit towards the interest and dividends earned in 2022. I was going through the below menu to enter the credit:
- Go to federal>deductions and credits>estimate and other taxes paid
- Foreign taxes >start
The questionnaire prompts to select the category of income and the amount of tax paid. Are these questions relevant to the prior year 2021 or the 2022?
I did not pay any foreign tax for 2022 but would like to apply the tax credit carryover from 2021. Is there any place where I can just enter the foreign tax credit and complete?
The questions on the screens are very confusing?
Please help.
