E-file rejected due to ForeignTaxesPaidOrAccruedDt on Form 1116

[harrier]

@Pjjameso My 1116 AMT form was also missing the country. In the steps for the 1116 form I had the choice to use a "simplified calculation" for the AMT credit. I went back and chose not to, that added a few worksheets to my return but it got accepted after I resubmitted. I have a simple foreign salary/foreign taxes paid situation.

[dschreib]

This worked for me too. My return has two 1116 forms as well (regular and AMT), and the AMT version was missing the country (RIC in my case). Because of the error, ForeignTaxesPaidOrAccruedDt , I had assumed it was a date or date format problem.

I forced a delete of my AMT form and 1116 AMT forms and went through the interview again, but that didn't work immediately, the 1116 AMT form still DID NOT have RIC listed.  I had actually given up and went to print my form a few hours later to manually send it in, and when I did, RIC had magically appeared on the 1116 AMT.  Not sure if I just caught an TT upgrade or something, but because it was there, I submitted, and it was accepted. Happy happy joy joy.

[JacktheRipper]

Click... Relative to your statement 

"no need to have  multiple columns per payer on a single 1116. The columns are for the scenario of multiple countries, not payers, and your country here is "RIC".

I'm a counter example to your statement: This is precisely what I did with my TD Ameritrade 1099 that resulted eFile being accepted. I had two different funds that were RIC, and I had to enter both of them on my 1116 Wks Column A and B, in Parts 2 and 3, to eFile successfully, even though both funds were in TD Ameritrade. I know this is unnecessary with paper filing, as my CPA returns for the last four  years attest.

But a bigger problem here, beyond what I said about different investment houses reporting foreign taxes differently, is that TurboTax keeps issuing updates, without any version control information. Scary that I'm still getting updates weeks after I eFiled my taxes. Hope the changes weren't important for me, but they never tell me that. Today's updates may undo a version of TT that allowed me to eFile, but how do I know that? 

[Clairezhuzhu]

I think I found the difference between why some 1116AMT has country where others don't.

For those of us have country column empty in the 1116AMT,  I assumed you all selected the "Elect Simplified Calculations". When I switched to the "Other Calculation", the updated 1116AMT now has the correct country info.

However, I am not sure what is the impact between different selections so I do not know if I should use this as a workaround. 

[vident]

In my case, I did not have an AMT 1116 generated in 2019 and it said that I should use the Simplified method I received a letter from the IRS telling me otherwise. Any way my error is different. It is not related to the date.

BRs,

[Clairezhuzhu]

@vident  - it seems like there are two different issues. one is missing country info in the 1116AMT, there is also another issue with the date shown as "Various" instead of an actual date in 1116. 

The 2nd issue has a workaround which is manually override the date with "12/31/2020".

[Click]

> The 2nd issue has a workaround which is manually override the date with "12/31/2020".

I'll say once again .. doing an override may create issues with efiling of its own. There is no reason to override on Form 1116. Go instead to 1116 Comp Wks and enter "12/31/2020" there without doing any override.

[vident]

There is a third issue but the error code is different : 

/Return/ReturnData/IRS1116/ForeignTaxCreditSource/USTaxWithheldOnDividendAmt - Data in the return is missing or invalid. Please double check your entries.

[OliveMom56]

Harrier and dschreib are exactly right for one of the problems.  It all hinges on NOT selecting "Simplified AMT Calculation" when going through the interview, deleting the 1116 form when asked (don't worry, another one is instantly created), and answering a number of questions.  Then, magically, a country (RIC in my case) appears in the 1116 AMT form.  And the e-filing then goes right through.  The interview does say that you must use the simplified method if you've used it in the past, or get a letter from the IRS saying otherwise, but ignoring that injunction I'm guessing is worth the risk for most of us.  The only change on the 1116 form, the 1116 AMT form and the worksheet is the addition of the country name on the 1116 AMT form.

[Clairezhuzhu]

I was informed the product team is working on a resolution when I had a connected session with one of their tax experts yesterday, they told me it could take some time up to 5 days, so I am going to wait for a week to see if they will address this issue in the 1116AMT form. 

worse case I will make the "other calculations" selection and then e-file. 

[vident]

I was able to get past the error below by redoing form 1116. I think there are some issues in Turbo tax also. It had rounded up my income to the lower number, so one issue was the portion of the income being from foreign sources. I rounded up both correctly. Also this time made sure that first the form was created with with largest income (from Capital gains) and Country. Then went back on Schedule B and double clicked the field above the foreign interest/dividend to link it to the same copy. 

This time it did not get rejected. But after 24 hours gave a different error with inherited IRA. I have not even inherited an IRA!!! They say they have some update on March 6. Really messed up Turbo Tax.

[milewood]

After numerous rejections, this worked for me in combination with changing the dates from "various" to

"12/31/2020"

Thanks to everyone that reported this to Turbotax and worked so hard to find the solution.

[keenan85]

I did the same (didn't select simplified) and it went through.    For what it is worth, I asked Turbo tax to give me the software for free (so i can manually change the form dates) because I paid for the online version and did want to pay twice to file, and they are considering it (i'm waiting for a call back).

[deh47]

I had same problem with filing being rejected but when I changed the pay date from various to 12/31/2020 the filing was accepted so thanks to whoever figured out the workaround.  Interestingly, I had a conversation with a neighbor who does taxes for others using another software product and he had the same problem that was also fixed by plugging in a date.  So, it would appear that the problem is with the IRS software.  Still doesn't excuse TT for not being more proactive in getting the IRS to fix their bug or at least letting its customers know about the problem and how to get around it.

[AlwaysOnTheRoad]

This  is not the complete solution.  There is an AMT carryover issue that impacts on the filing of the 1116 that is yet to be resolved.