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Level 2
posted Apr 18, 2022 8:20:59 AM

I'm trying to fill out the Reduction in Foreign Taxes page for Form 1116. I'm looking for definitions/explanations of the 5 boxes on this page.

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2 Replies
Level 15
Apr 18, 2022 8:58:36 AM

Please clarify:  Are you referring to five boxes on a TurboTax screen, or on the actual Form 1116?  

If it’s the former, what’s the name of the screen?  What are the names on the boxes?

You might also see the 2021 Instructions for Form 1116 to find your answer.

Level 2
Apr 22, 2022 8:06:21 AM

Dear John, 

 

Thank you for the response and for the link to the instructions for Form 1116. Unfortunately, as indicated in may answers to your questions in italics below, my question is with regard to the Turbotax screen, so the instructions are of limited value. 

 

 Are you referring to five boxes on a TurboTax screen, or on the actual Form 1116?  

The five boxes on a Turbotax screen. 

If it’s the former, what’s the name of the screen?  

The name of the screen is "Reduction in Foreign Taxes". At least, this is the only name I saw.