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How can I remove the Foreign Tax Credit from my return? This is the only thing preventing me from using the free version of TurboTax.

I get a $7 Foreign Tax Credit, which is meaningless as it does not affect my refund. However, it is the one thing preventing me from using the Free Edition of TurboTax. How can I remove this?
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1 Best answer

Accepted Solutions
ThomasM125
Expert Alumni

How can I remove the Foreign Tax Credit from my return? This is the only thing preventing me from using the free version of TurboTax.

If you have foreign taxes listed in box 6 on Form 1099-INT or box 7 of Form 1099-DIV you will likely be entitled to a foreign tax credit. You can remove those entries if you don't want the foreign tax credit. You may have to delete your 1099 form entry though to clear out the foreign tax situation and re-enter them.

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8 Replies
DawnC
Employee Tax Expert

How can I remove the Foreign Tax Credit from my return? This is the only thing preventing me from using the free version of TurboTax.

You can delete Form 1116 (Foreign Tax Credit) from your return.   To delete a form in TurboTax Online, here's the general procedure for viewing a list of all the forms in your return and deleting unwanted forms, schedules, and worksheets in TurboTax Online:

 

  1. Sign in to TurboTax and open your return by selecting Continue or Pick up where you left off.
  2. In the left menu, select Tax Tools and then Tools.
  3. In the pop-up window Tool Center, choose Delete a form.
  4. Select Delete next to the form, schedule, and worksheet in the list and follow the instructions.
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How can I remove the Foreign Tax Credit from my return? This is the only thing preventing me from using the free version of TurboTax.

I tried that but do not see this form, either its title or its number, listed among the forms that I can delete. Instead, I see:

  • A number of worksheets: Tax Payments, Tax and Interest Deduction, Misc Itemized Deductions, etc.
  • Schedule B, which includes 1099-INT items
  • Form 8936 (?)
  • A few summaries: Forms W-2, two-year comparison, tax summary, etc.

So, which item should I delete so that I can remove Form 1116 (Foreign Tax Credit) from my return?

Thanks.

DaveF1006
Expert Alumni

How can I remove the Foreign Tax Credit from my return? This is the only thing preventing me from using the free version of TurboTax.

To clarify, did you report a 1099 DIV or 1099 INT in your return?

 

@randalroe 

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How can I remove the Foreign Tax Credit from my return? This is the only thing preventing me from using the free version of TurboTax.

Yes to both. I have three 1099-INT and one 1099-DIV. All of them are US-based companies with US addresses.

 

Does this affects the Foreign Tax Credit?

 

Thanks.

ThomasM125
Expert Alumni

How can I remove the Foreign Tax Credit from my return? This is the only thing preventing me from using the free version of TurboTax.

If you have foreign taxes listed in box 6 on Form 1099-INT or box 7 of Form 1099-DIV you will likely be entitled to a foreign tax credit. You can remove those entries if you don't want the foreign tax credit. You may have to delete your 1099 form entry though to clear out the foreign tax situation and re-enter them.

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How can I remove the Foreign Tax Credit from my return? This is the only thing preventing me from using the free version of TurboTax.

That solved it. Thank you!

JAC225
New Member

How can I remove the Foreign Tax Credit from my return? This is the only thing preventing me from using the free version of TurboTax.

The forms I need to remove- 1116- do not appear under the list of forms and sheets

SusanY1
Expert Alumni

How can I remove the Foreign Tax Credit from my return? This is the only thing preventing me from using the free version of TurboTax.

Try deleting the entry that is giving rise to the credit.  This is most often (though not always) in the area for dividends (Form 1099-DIV).

@JAC225 

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