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Returning Member
posted Mar 13, 2021 10:35:58 PM

Form 1116 Date issue while efiling, return gets rejected immediately. any bug this year in 1116?

"ForeignTaxesPaidOrAccruedDt" on Form "1116" in the section "ForeignTaxCreditSource".

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1 Replies
Expert Alumni
Mar 15, 2021 7:23:53 PM

The issue has been submitted and is currently under investigation.  If you would like to receive an update for the progress, click on the following link to get notified:

 

Form 1116 reject error

 

If you have paid taxes to both foreign and the US tax authorities, the IRS allows you to claim a foreign tax credit on your US tax return.  To claim this foreign tax credit, you would need to file a Form 1116 Foreign Tax Credit.  The amount will show on Schedule 3 line 1 and line 20 on Form 1040.