This seems to be a standing issue/bug. I have not seen a solution yet.
Turbotax Business is generating one Form 1116 with my Form 1041, based on a single Form 1099-DIV reporting foreign taxes paid and foreign income earned. It's a two-page form with data filled in on both pages. All of the DNI was distributed, so the foreign tax credit on the Form 1041 is zero. The problem is, when I print or save a pdf of the return (or of the Form 1116 for that matter), page two of Form 1041 is missing. Why is this happening? What is the solution? Does it affect the e-filing with the IRS?
I mistakenly posted this same question under State Taxes. Posting again here, in case it's more likely to get an answer.
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Since the foreign tax credit is zero, Turbo Tax automatically excludes page 2 since the information isn't needed for IRS purposes.
Thanks, that answers my question. I don't mean to shoot the messenger, but it's more confusing than helpful for the program to omit part of an official IRS form that appears in the tax file from the printed version of the return.
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