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meraact5
New Member

ForeignTaxes paid- asking to double click to add copy 1 of F1116, but there is no option for this action . How do I fix this?

 
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1 Reply
billtepper
Returning Member

ForeignTaxes paid- asking to double click to add copy 1 of F1116, but there is no option for this action . How do I fix this?

First understand that turbo tax STINKS. Do not go nuts . Go to your tax summary that the brokerage sent you. Assume that they correctly downloaded the foreign tax correctly, probably the digits are three digits long. You invested correctly. If you earned more then you shuld invest in the USA. After that then add the TOTAL FOREIGN  dividends for the year in the highlighted box. Then it is correct. It should not affect the taxes but you do want the credits. The gov't will spend your taxes very stupidly anyway. Consider that any mistakes will still be cheaper than paying an accountant.
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