Can I deny my foreign tax credit? I do not want to pay for the upgrades service for a $1 credit.

guillotaimee · ‎February 17, 2025

AmyC · ‎February 17, 2025

Absolutely. It is not worth the upgrade for you. Forego the $1 and have a great day!

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guillotaimee · ‎February 17, 2025

Thanks for the response. How do I forgo the credit? I did not see the option to deny it using the free version?

ThomasM125 · ‎February 17, 2025

The credit may be listed on your Form 1099-DIV in box 7 and 8 or 1099-INT in box 6 and 7. If you remove that entry, then you won't have to deal with it.

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Can I deny my foreign tax credit? I do not want to pay for the upgrades service for a $1 credit.