
Anonymous
Not applicable
posted
August 3, 2021
10:43 AM
last updated
August 03, 2021
10:43 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
It says to enter info from form 1116 Foreign tax credit...I have no idea why I don't have a form 1116 or have I ever had any foreign anything
Topics:
2 Replies
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
It says to enter info from form 1116 Foreign tax credit...I have no idea why I don't have a form 1116 or have I ever had any foreign anything
Delete the Form 1116
Click on Tax Tools on the left side of the online program screen
Click on Tools
Click on Delete a form
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
It says to enter info from form 1116 Foreign tax credit...I have no idea why I don't have a form 1116 or have I ever had any foreign anything
If you have an amount in box 6 of a form 1099-INT and/or an amount in box 7 of a form 1099-DIV, you are entitled to a credit for foreign tax paid. Form 1116 is not required , in this situation (your only foreign tax paid is shown on 1 1099-Div or 1099-INT). If form 1116 is inadvertently generated, delete it, as described by DoninGA.
Still have questions?
Make a post
Or browse the Forums