topic Re: Foreign Taxes in Deductions & credits

Foreign Taxes

paullink — Mon, 09 Mar 2026 00:05:17 GMT

I am having a major issue with form 1116 in Turbo Tax Online. I have foreign income over the $600 limit of foreign taxes I want a credit for. I have foreign income from an RIC and 20 foreign countries. I am only able to input 1 item of the 21 when I go to the Foreign Tax Credit section. The instructions say to go to the credits & deductions and enter to Take a Credit which I did. I then entered the foreign income and answered the questions. But instead of allowing me to enter another country by returning to the new country entry page it makes me select done. I can't add any more countries. What is going on? This is a major glitch in the program. From what I can gather it has been an ongoing issue since at least 2020! How can I finish my taxes if I can't get past this issue? Please help!

Re: Foreign Taxes

Mike9241 — Mon, 09 Mar 2026 06:25:57 GMT

TurboTax has never had a provision to enter each country separately on a single 1099. The only way to report accurately is to create a separate 1099-DIV for each country and 1 for all RICS. Do you really want to do this? Hint. Not saying it's right, but I use various.

Re: Foreign Taxes

paullink — Mon, 09 Mar 2026 11:27:09 GMT

Thanks! That’s what I was thinking of doing.