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Level 1
June 1, 2019
Question

Please Help with this error message during the review?

  • June 1, 2019
  • 1 reply
  • 7 views

I keep getting the following error message during the review: "Form 1116 (COPY 1) -- Foreign Tax Credit Comp Wks: Qual Div and LT Cap Gains-1 should have a value of at least $1373. based on the 1099-DIV worksheets that are linked to this country." Where would I find the value requested? Can I assume the $1373 is correct? I imported my 1099-DIV into TT so not sure why it doesn't have the info it refers to. I'm frustrated because this is the last step before filing my taxes today. 

1 reply

MichaelL1
Level 15
June 1, 2019

Look at the brokerage statements as you might be shorting yourself as $1,373 is probably the amount of the credit.

Look for the foreign income that is related to that Dividend.