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1116 Comp Wks deletion?

My Foreign Tax Credit entries are all messed up.  There are two "1116 Comp Wks" forms, one of which has entries and one is blank.  Can I delete the two wks forms and start over in EasyStep?

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Accepted Solutions
DaveF1006
Employee Tax Expert

1116 Comp Wks deletion?

No, there is no better way other than resorting to RIC and various for the two supported "countries".  The IRS doesn't object to this manner of reporting, and this method has become a widely accepted solution.

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2 Replies

1116 Comp Wks deletion?

Assuming the answer is "NO, because there are too many other entries/links", I will delete the return and start over.  However, eventually I will arrive at the Foreign Taxes withheld and select Take as a Credit.  And again I will face the limitation where TT does not seem to support multiple foreign countries on multiple 1099-Div forms.  At that point, I will resort to RIC and various for the two supported "countries" and move forward.  Please tell me there's a better way.  (I'm not willing to create fake 1099 forms as one responder suggested).  Many thanks for a solution.

DaveF1006
Employee Tax Expert

1116 Comp Wks deletion?

No, there is no better way other than resorting to RIC and various for the two supported "countries".  The IRS doesn't object to this manner of reporting, and this method has become a widely accepted solution.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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