I am having a major issue with form 1116 in Turbo Tax Online. I have foreign income over the $600 limit of foreign taxes I want a credit for. I have foreign income from an RIC and 20 foreign countries. I am only able to input 1 item of the 21 when I go to the Foreign Tax Credit section. The instructions say to go to the credits & deductions and enter to Take a Credit which I did. I then entered the foreign income and answered the questions. But instead of allowing me to enter another country by returning to the new country entry page it makes me select done. I can't add any more countries. What is going on? This is a major glitch in the program. From what I can gather it has been an ongoing issue since at least 2020! How can I finish my taxes if I can't get past this issue? Please help!
You'll need to sign in or create an account to connect with an expert.
TurboTax has never had a provision to enter each country separately on a single 1099. The only way to report accurately is to create a separate 1099-DIV for each country and 1 for all RICS. Do you really want to do this? Hint. Not saying it's right, but I use various.
Thanks! That’s what I was thinking of doing.
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.
shalondacoleman06
New Member
butlereuphemia
New Member
Jamiependleton
New Member
dhoch101
New Member
unkini
Returning Member