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vjcrist
New Member

If when I completed my forms and Turbo tax generated the forms, no form 1116 was generated. Does that mean I don't need to fill it out (foreign tax cr. of $11 only)

 
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TaxHacks
Level 3

If when I completed my forms and Turbo tax generated the forms, no form 1116 was generated. Does that mean I don't need to fill it out (foreign tax cr. of $11 only)

For small amounts reported to you, the number goes to line 48 on form 1040. No 1116 required in many cases.

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