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Form 1116 Foreign Tax Credit

I have foreign taxes totally over $300.  They are from multiple countries.  Turbotax Deluxe allows me to list the countries, but when I go to fill in the amounts, it only lets me fill in the amount from 1 country before erasing it all and starting over.  I used to be able to go to form 1116 and fill it in manually.  I don't know how to do that now.  I've been a loyal customer for years, but perhaps it's time for a change.

 

 

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2 Replies
DaveF1006
Employee Tax Expert

Form 1116 Foreign Tax Credit

You may group these countries into one entry by entering "various". This is acceptable by the IRS and negates the need to report these one country at a time.

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Form 1116 Foreign Tax Credit

It's true if your total foreign tax paid is less than $300 ($600 MFJ).  

 

I cannot find any reference that says it's acceptable for amounts over $600, which mine are.

 

I figured out, after hours of looking, how to force it to work.  

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