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It is not necessary to double click on the 1099-div. If you have foreign tax paid in box 7, TT will see it and when you go thru the foreign tax credit interview, TT will generate a f1116 and insert the data into it.
In TurboTax CD/Download, follow these steps.
The reporting of foreign tax paid can be done as a deduction or as a credit. To find out more information, click this links below.
Regarding TurboTax, follow these steps:
Additional Resources for more details:
Filing IRS Form 1116 to claim the Foreign Tax Credit
Tax Topic 856 See "Claiming without filing Form 1116"
Foreign Tax Credit Compliance Tips
2019 IRS Publication 514 Foreign Tax Credit for Individuals
@gmsmith
form 116 is not required in married filing joint and FTC less than $600 all others $300
if you qualify, enter foreign dividend amount, FTC do not link to 1116 and enter country as various.
Trying to edit Form 1116. I click on the Box 7b field; it produces a checkmark. I double-click the checkmark; it produces a popup box whereby I should link to Form 116. TROUBLE! The popup box says at the top, "Link to Form 1116". I click the blue button that says, "Link". NOTHING HAPPENS! Help!!
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