Foreign tax carry back

mitbrehol — Tue, 10 Feb 2026 11:04:36 GMT

Is it mandatory to use a foreign tax credit excess as a carry back ? I do not want to amend last year's return. It will not be feasible to carry it forward . Do you have to use it?

Re: Foreign tax carry back

SusanY1 — Wed, 21 Feb 2024 21:12:40 GMT

No, you are not required to use the credit. It could be to your benefit to amend last year's return if the amount is significant and there is foreign income to which you can apply it, but this is not an amendment that you're required to make.

You may safely cross that off of your things to worry about.

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Foreign tax carry back

Re: Foreign tax carry back