2899007
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Do I need to amend if the refund balance stays the same?

Last year, when taking a foreign tax credit, I accidentally entered the wrong amount in the 'Foreign-Source Income' box.  This meant that I did not receive the full foreign tax credit.  The remaining amount did, however, carryover to this year, so it would seem that everything balanced out in the end.  But is it ok to proceed this way, or do I have to forego the carryover this year and amend last year's return?  It seems like a lot of trouble to go through in order to achieve the same result.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Do I need to amend if the refund balance stays the same?

if your refund didn't change after correcting the FSI amount then the FTC used didn't change and the FTC carryover didn't change. so don't amend. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question