E-file rejected due to ForeignTaxCreditSource/USTaxWithheldOnDividendAmt

[lgs0304]

Same issue here!  I kept trying different things and got rejected 3 times.  This is not the first year that I've had problems with the Form 1116.  Trying to get in touch with Turbotax was a nightmare!  I'll try to be patient and hope for an upgrade.  Filing by mail given the USPS current problems just doesn't seem to be a good option.

[Click]

[Deleted post since it was pursuing a wild goose]

[venkyus]

SUCCESS ! 

Was able to submit successfully after identifying issue with turbotax for this exact issue 3 times. I compared form 1116 for last year and this year on saved PDFs and turbotax was populating "Various" for a date field (see image below). 

Solution: view your form 1116 for year 2020 in form view mode and override manually  value "various" to date 12/31/2020. This is a date field and should contain date value. Last year this field was populated by turbox correctly. 

OVERRIDE THIS WITH DATE

[Click]

First let me thank you for posting what you did to get past this issue. I will likely do exactly the same thing so I can get filed.

That said, "Various" is absolutely a correct, and in the case of RICs, arguably the only correct value to be put into this field. I looked at my forms 1116 for several years back as filed and "Various" was the only value ever entered for date paid.

The bug, then, is not that TurboTax is putting in "Various", but that the IRS is rejecting "Various". Nevertheless, I consider entering 12/31/2020 a harmless inaccuracy that I doubt the IRS will ever question anyone about (since the date is irrelevant in the vast majority of 1116s filed for mutual funds at relatively normal incomes), and this information is supporting info only that the IRS does not keep in its in transcript.

Update: I e-filed this and this time it was not rejected .. for this reason but for an unrelated equally mysterious reason. Sigh.

Note that if you choose to use this workaround, the date of 12/31/2020 should be entered in that space on the 1116 Comp Wks. That way, you don't have to use Override.

[lgs0304]

Success!  As suggested by venkyus, I changed the Various date to 12/31/20 and resubmitted.  I just received notice that my return was accepted.  Thank you very much!

[Lem47]

Success with IRA accepting 2020 tax return! Thanks for confirming what I had suspected. Turbo Tax had entered RIC in the Form 1116 Part II Column l for Date paid or accrued instead of a date. I went to the  forms view, overrode the RIC entry with 12/31/2020 and the  return was accepted.

[Click]

I can confirm that the Feb 27, 2021 Turbotax updates do not correct this problem. The workaround of using 12/31/2020 for the dates on the 1116 Worksheet is still needed.

After researching this some more, it does appear that it is Turbotax's responsibility to convert "Various" to year-end date of the return when e-filing.

[dbenbenn]

Thanks venkyus!

Seems like "form view mode" isn't available in the online version? Does anyone have a workaround for this problem using online version?

[prwestmo]

Thank you, thank you - it worked! Federal and State both submitted successfully!

[saldirj]

I have verified the forms 1116, 1116 Comp wks, 1116 AMT, and all have a proper date of 12/31/2020. I've redone the form and everything checks out in turbotax but keeps getting rejected.  I'll wait a week and see if any updates fix it otherwise I'll be mailing it in.

[Joe1151]

Various and RIC did not work in Form 1116 Part II Line A but 12/31/2020 did. Both Federal and State accepted. Thank you

[emworth]

This worked. I confirmed that I had used "various" last year and it was accepted. Sure sounds like the IRS has modified their acceptance criteria creating this error. 

[saldirj]

I've tried putting in Form 1116 Part II (l) Date Paid as "12/31/2020" and "various" and both get rejected.  My foreign taxes were all from 1099-DIV.  I also tried putting "1099 taxes" per the IRS instructions (below) but Turbotax does not allow that entry.  I'll just keep trying and see if it get fixed.  Come April I'll mail it in.

Form 1116 Instructions Page 17

" If foreign tax paid on passive income is reported to you in U.S. dollars on a Form 1099-DIV, 1099-INT, or similar statement, you don't have to convert the amount shown into foreign currency. This rule applies whether or not you can make the election to claim the foreign tax credit without filing Form 1116 (as
explained earlier). Enter “1099 taxes” in Part II, column (l), and complete columns (q) through (u) for each foreign country indicated in Part I."

[mnoisin1]

Not at this time.  Only to switch to desktop; 

https://ttlc.intuit.com/community/after-you-file/discussion/can-i-edit-the-forms-directly/01/511600#...

[FalGalME]

Part II, column 1 correctly populated with dates paid , but my return was still rejected 3 times today.