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Level 2

Question

Foreign Tax Credit

Forum|Forum|4 years ago
March 4, 2022
3 replies
7 views

I see the foreign tax credit issue is supposed to be resolved by March 3, 2022 but it still doesn't seem to work as of March 4, 2022. Is there something I should be doing instead? It continues to say the form is not available. And, it also seems no form should be needed. Thanks.

Level 15

do you have a FTC carryover? then to claim it you'll have to prepare 1116 schedule B and you will not be able to e-file.

Mike9241

Level 2

Hi, I have no FTC carryover. When I click to claim the credit instead of itemizing, it gives the response: great job for doing things early, we are still waiting for the IRS to complete the 1116 form. Not only should I not need that, it should be complete by now. I'm wondering if there is something wrong with TurboTax?