AmyC
Expert Alumni

Retirement tax questions

Is your credit limited? Edit your Form 1116 entries since the 1040 should have your correct totals. You should be showing RIC for the source and the country with the total tax paid in one entry.

 

Let me help you start the 1116. 

  1. Log into your return
  2. Select Pick Up Where I Left Off
  3. In the top right corner, locate the Magnifying glass/search  enter the exact words foreign tax paid
  4. Enter
  5. Select the first entry Jump to foreign tax paid
  6. Did you pay foreign tax, select yes
  7. Before we Begin screen, make sure all income is already entered before proceeding, select yes
  8. Continue

 

 

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