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    <title>topic Does 1099-INT box-1 amount get onto Form 1116 under &amp;quot;Passive Category Income&amp;quot;? in Get your taxes done using TurboTax</title>
    <link>https://ttlc.intuit.com/community/taxes/discussion/does-1099-int-box-1-amount-get-onto-form-1116-under-passive-category-income/01/1375042#M498352</link>
    <description>I have foreign wages (taxed) and interests (not taxed) in 2019. My foreign tax credit situation should result no extra liability with the return. I have entered foreign interest income of $20 (converted myself from foreign currency) for BOX-1 as if I've received 1099-INT.&amp;nbsp;&amp;nbsp;Then I went to f1116 for foreign tax credit with Passive Category Income for this $20.&amp;nbsp;&amp;nbsp;Interview says I should not enter interest already in 1099-INT.&amp;nbsp;&amp;nbsp;So by entering in 1099-INT, it does not create a f1116 for that passive income of $20, and now I owe $2 tax (for that $20) and loses $2 of my foreign tax credit, though I still have credit overall. Basically it appears to TT does not treat $20 as part of foreign income. How can that be resolved?&amp;nbsp;&amp;nbsp;Also, if all foreign tax is paid NOT in USD, does TT online not support the filing of f1116?&amp;nbsp;&amp;nbsp;Thanks.</description>
    <pubDate>Sun, 29 Mar 2020 02:51:53 GMT</pubDate>
    <dc:creator>wltt2016</dc:creator>
    <dc:date>2020-03-29T02:51:53Z</dc:date>
    <item>
      <title>Does 1099-INT box-1 amount get onto Form 1116 under "Passive Category Income"?</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/does-1099-int-box-1-amount-get-onto-form-1116-under-passive-category-income/01/1375042#M498352</link>
      <description>I have foreign wages (taxed) and interests (not taxed) in 2019. My foreign tax credit situation should result no extra liability with the return. I have entered foreign interest income of $20 (converted myself from foreign currency) for BOX-1 as if I've received 1099-INT.&amp;nbsp;&amp;nbsp;Then I went to f1116 for foreign tax credit with Passive Category Income for this $20.&amp;nbsp;&amp;nbsp;Interview says I should not enter interest already in 1099-INT.&amp;nbsp;&amp;nbsp;So by entering in 1099-INT, it does not create a f1116 for that passive income of $20, and now I owe $2 tax (for that $20) and loses $2 of my foreign tax credit, though I still have credit overall. Basically it appears to TT does not treat $20 as part of foreign income. How can that be resolved?&amp;nbsp;&amp;nbsp;Also, if all foreign tax is paid NOT in USD, does TT online not support the filing of f1116?&amp;nbsp;&amp;nbsp;Thanks.</description>
      <pubDate>Sun, 29 Mar 2020 02:51:53 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/does-1099-int-box-1-amount-get-onto-form-1116-under-passive-category-income/01/1375042#M498352</guid>
      <dc:creator>wltt2016</dc:creator>
      <dc:date>2020-03-29T02:51:53Z</dc:date>
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    <item>
      <title>Re: Does 1099-INT box-1 amount get onto Form 1116 under "Passive Category Income"?</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/re-does-1099-int-box-1-amount-get-onto-form-1116-under-passive-category-income/01/1375498#M498551</link>
      <description>&lt;P&gt;no.&amp;nbsp; not box 1.&amp;nbsp; the foreign tax section must be completed.&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Sun, 29 Mar 2020 06:26:16 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/re-does-1099-int-box-1-amount-get-onto-form-1116-under-passive-category-income/01/1375498#M498551</guid>
      <dc:creator>Anonymous</dc:creator>
      <dc:date>2020-03-29T06:26:16Z</dc:date>
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