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Level 1
posted Feb 19, 2021 2:36:44 PM

TurboTax does not appear to be calculating the Foreign Tax Credit (Form 1116) correctly this year. Line 1a input error. Has anyone else noticed this?

Line 1a is showing the foreign taxes paid, rather than the gross income from the various sources. This hasn't occurred in previous years.

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2 Replies
Level 15
Mar 12, 2021 10:52:18 AM

@ThomF  , has this been resolved  with the updates  or do you still need this  issue looked into ?

Level 1
Mar 12, 2021 12:58:15 PM

This has been resolved; it was my error. I misinterpreted an entry field. However, this situation could be avoided in the future if TurboTax would automatically fill in the entry field based on last year's filing. I frankly was surprised that it wasn't.