Foreign Earned Income

Forum|Forum|4 years ago
April 2, 2022
1 reply
25 views

When TT checks my federal tax return, it says I need to include form 1116 - Foreign Tax Credit Comp Wks. I don't have any foreign income. How do I get TT stop asking me to file a form that I don't need? Thanks.

Best answer by MayaD

Did you receive a 1099 DIV form with an amount of foreign tax paid in box 7?

Form 1116 is used to claim the foreign tax credit if you are an individual, estate, or trust, and you paid or accrued certain foreign taxes to a foreign country or U.S. possession.

Individuals with less than $300 per person ($600 on a joint return) of foreign taxes may be able to claim a foreign tax credit without the complication of filing a Form 1116.

If you want to delete the form:

Select Tax Tools on the bottom of the left side menu.
Select Tools.
Click on Delete a form
Find Form 1116 on the list of forms.
Click Delete to the right.
Confirm your Delete.
Click Continue in the lower right.

[Edited 04/04/2022, 7:41 AM, PST]

MayaDAnswer

Alumni - Intuit

Did you receive a 1099 DIV form with an amount of foreign tax paid in box 7?

Form 1116 is used to claim the foreign tax credit if you are an individual, estate, or trust, and you paid or accrued certain foreign taxes to a foreign country or U.S. possession.

Individuals with less than $300 per person ($600 on a joint return) of foreign taxes may be able to claim a foreign tax credit without the complication of filing a Form 1116.

If you want to delete the form: