Foreign tax credit was not carried over to the IA 130 form from the federal form 1116. Do I have to enter this manually?

cakewalk01 — Thu, 06 Jun 2019 10:31:12 GMT

When I imported the information from the investment company, TurboTax completed federal form 1116 and entered the foreign tax credit on federal 1040, but did not calculate the credit for Iowa on form 130.

Go to the state section titled Taxes and Credits and look...

cakewalk01 — Thu, 06 Jun 2019 10:31:12 GMT

Go to the state section titled Taxes and Credits and look for the Out-of-State Credit question. Answer Yes and a screen will display allowing you to select the foreign country (click on Other Countries if more than one). Click on continue.

The next screen titled "Double Taxed Income" allows you to enter the gross income and tax amount paid to the foreign country. This entry may be made for taxpayer and/or spouse if filing separately on a joint return.

TurboTax will create the required IA 130 form with the answers you enter.

topic Foreign tax credit was not carried over to the IA 130 form from the federal form 1116. Do I have to enter this manually? in Deductions & credits

Foreign tax credit was not carried over to the IA 130 form from the federal form 1116. Do I have to enter this manually?

Go to the state section titled Taxes and Credits and look...