This has been going on for some time in previous tax years, too.
In desktop TurboTax, in regard to the Form 1116 Worksheet, down at the bottom of that worksheet are some tables showing the Regular FTC foreign taxes and carryover and AMT amounts by year. The AMT table always is shifted by one year, and I can't figure out why. Each year I manually change it so the 2 tables align, but the next year, the AMT table is again off by 1 year. I'm not subject to AMT, so it's mostly moot, but I'm curious if anyone else has witnessed anything like that on their 1116 Worksheet. Thanks!
I'll create a sample table to show what I mean and post it in this thread.
Here are some example FTC carryover tables that go with my question above. Only the first column is shown for this illustration of the shift in the AMT table. I wonder if anyone else has had this phenomenon. Thanks for any comments.
| Regular tax | Foreign taxes |
| 2015 | 158 |
| 2016 | 264 |
| 2017 | 378 |
| 2018 | 267 |
| 2019 | 225 |
| 2020 | 312 |
.
| AMT | Foreign taxes |
| 2015 | |
| 2016 | 158 |
| 2017 | 264 |
| 2018 | 378 |
| 2019 | 267 |
| 2020 | 225 |
.