I need more than one IRS form 1116 due to an investment which uses accrued foreign tax vs paid foreign tax. I was thinking in the past that Turbotax might have remembered the 1116 forms from the previous years, but I may be mis-remembering on that point. I think it would bring carry-overs, but I had no carry-over from 2023.
With Turbotax Premier on Windows 11, it I click Open, and enter 1116 as form. Then select the form desired.
The first time, it let me Add Form, but it only allows the name "Copy 1". I try entering a name or copy number. I click all over this box, and type characters. Nothing accepts a different name. I get the image shown above when I try again. But clicking Add Form for a second one does not do anything. I know I used to be able to have more than one no problem.
Anybody else have this problem, or better yet, a solution? Thanks.
It's the sequence of steps you are using. Try this because it worked for me.
Here is a screenshot illustrating this. You would only generate this when you create the second copy using the steps I outlined above.