1179297
You'll need to sign in or create an account to connect with an expert.
Bring up the f1116. Scroll down to the "Gross Income from all Sources Smart Worksheet." Put the pointer over the entry. Right click. On the box that appears, click on "data source."
Another box will appear displaying the sources for the entry.
Thanks for the reply! I'm on TurboTax Premium, the cloud version. I don't see this as an option. Is there a way to view the same thing on this version?
I figured this out, though - the instructions for Form 1116 state that "total capital and ordinary gain (before subtracting any losses)" is used to calculate gross income for Line 2e. The losses had been backed out, which explained the difference!
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jigga27
New Member
branmill799
New Member
anonymouse1
Level 5
in Education
ripepi
New Member
Sgoddard14
New Member