Foreign Tax paid in 1099D

[Joe22]

I chose tax credit instead of deduction for foreign tax paid from my mutual funds. When I review my tax tax returns prepared by Turbotax, it shows deduction instead of tax credit. How can I make the change in Turbotax?

[DaveF1006 · Accepted solution]

Yes, follow these steps to get back to the section where this choice is made.

1. Go to Federal
2. Deductions and credits 
3. Estimate and other taxes paid 
4. Foreign Tax Credit>start or revisit
5. When it asks We just need to check if you have any uncommon situations indicate I paid foreign taxes on income I earned while working in another country. 
6. At some point in the interview, it will ask if you wish to take a deduction or a credit.  Here you may make the choice to take the credit.

[Joe22]

I follow your instruction and it works..  Thank you so much for your help