topic Foreign tax credit issue. When subject to AMT , From which form the foreign tax credit to be entered In Schedule 3 line2 Line 35 of Form 1116 or from Form 1116 AMT ? in Deductions & credits

Foreign tax credit issue. When subject to AMT , From which form the foreign tax credit to be entered In Schedule 3 line2 Line 35 of Form 1116 or from Form 1116 AMT ?

Raytam — Tue, 24 Feb 2026 07:05:26 GMT

Foreign tax credit issue. When subject to AMT , From which form the foreign tax credit will be entered In Schedule 3 line2?Form Line 35 of Form 1116 or from Form 1116 AMT ?Which one is correct?

Re: Foreign tax credit issue. When subject to AMT , From which form the foreign tax credit to be entered In Schedule 3 line2 Line 35 of Form 1116 or from Form 1116 AMT ?

Mike9241 — Fri, 25 Aug 2023 07:33:15 GMT

the 1116 line 35. the 1116 AMT FTC flows to form 6251 line 8

and it should be schedule 3 line 1. line 2 is for child care expenses.

Re: Foreign tax credit issue. When subject to AMT , From which form the foreign tax credit to be entered In Schedule 3 line2 Line 35 of Form 1116 or from Form 1116 AMT ?

Raytam — Fri, 25 Aug 2023 15:50:09 GMT

Many Thanks Mike for fast reply.
(schedule3 line1)
This question was lingering last 3 years--as Line 35 of both forms(1116 and 1116 amt) instructions ares same--
transfer to line 1,sch3,though TT was doing as you said.
Please help to undestand two more questions --also lingering with out answers so far.
1)TT Premier Deskto 2022.
When income just crossing subject to AMT threshold,form 6251 is generating with entries in line 8 AMFTC.
(though Net AMT payble is zero).Though AMFTC is entered here in line 8,in forms mode on the left pane
For 1116AMFTC doesn't show up. Even I try to open form 1116 AMT it opens up but still not showing in the forms in the left pane.

Seems the form is mandatory to be submitted along with 1040.PLease advise.
2)How to know I have elected 'simplified method or other calculation' for AMT in previous --few years ago.(no records).
Thanks.

Re: Foreign tax credit issue. When subject to AMT , From which form the foreign tax credit to be entered In Schedule 3 line2 Line 35 of Form 1116 or from Form 1116 AMT ?

Mike9241 — Fri, 25 Aug 2023 16:16:03 GMT

you have to see if form 6251 is actually included in your return if not the AMT FTC form will not be included.

the simplified election will be included if the 6251 if required as a supplemental page. if you are using desktop in forms mode on the 6251 you can see the answers about the simplified method.

if the 6251 is required but not showing up contact support because I don't know the reason why.

Attach Form 6251 to your return if any of
the following statements are true.
1. Form 6251, line 7, is greater than
line 10.
2. You claim any general business
credit, and either line 6 (in Part I) of
Form 3800 or line 25 of Form 3800 is
more than zero.
3. You claim the qualified electric
vehicle credit (Form 8834), the personal
use part of the alternative fuel vehicle
refueling property credit (Form 8911), or
the credit for prior year minimum tax
(Form 8801).
4. The total of Form 6251, lines 2c
through 3, is negative and line 7 would
be greater than line 10 if you didn’t take
into account lines 2c through 3.

Re: Foreign tax credit issue. When subject to AMT , From which form the foreign tax credit to be entered In Schedule 3 line2 Line 35 of Form 1116 or from Form 1116 AMT ?

Raytam — Fri, 25 Aug 2023 16:59:06 GMT

Hi Mike,

Sorry If my question is not clear. I will rephrase.

I am not subject to AMT finally (AMT 0), but 6251 form is showing up in the left pane .

.6251 also shows line 8 with AMTFTC. amount.

But Form 1116 if not showing up in the left pane hierarchy.

I have to go to 'Open forms' select form 1116b AMT form heirarachy and open-->

The form opens up in right hand pane and shows the AMTFTC line 35 amount, but It is not showing up in the Left Pane .

and once If I close the form in right hand pane it is gone.

Is it not mandatory submit form 1116 AMT when AMFTC amount appear in 6251 though not required to file and AMT is zero.

Thanks