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Level 1
March 20, 2023
Question

Form 1116 shows an incorrect error on line 33

  • March 20, 2023
  • 2 replies
  • 34 views

The message is that line 33 should be blank, and it is but line 35 is not.  Overriding line 35 to blank it out fixes the incorrect error but you can't file the return that way.

    2 replies

    Level 2
    March 20, 2023

    Hi;

    I just got finished with wrestling the 1116 to the ground and successfully filed. Based on your screen shot, it looks like you need some help understanding where to do the inputs. I could walk you through how I have set things up on a zoom meeting if you are interested.

    HopeS
    Alumni - Intuit
    March 21, 2023

    It appears you did not complete the Foreign taxes paid section of your return correctly. Please review the steps


    To enter foreign taxes paid, please follow these steps:
     

    1. Click on Federal Taxes > Deductions & Credits I'll choose what I work on].
    2. In the Search Click on "Foreign tax credit" and then "Jump to foreign tax credit"
    3. Click Continue
    4. On the next page, you will see "Tell us about your Foreign Taxes"
    5. Enter the information requested on the preceding screens.

     

    Once completed your Form 1116 should populate correctly.

     

    See the links below as well for more instructions:

     

    Foreign Tax Credit

     

    Claiming Foreign Tax Credit

     

    @micportigal 

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