Form 1116 on Windows 10 Turbotax install

sgordhandas · ‎March 9, 2022

Hi, I error check my return and keep getting this below. How can I resolve this? I have entries from "Foreign Tax credit carryover from 2020" and "Foreign Tax credit carryover to 2022" that both result in this error. Please advise.

DaveF1006 · ‎March 9, 2022

The correct calculation requires form 1116, Schedule B that hasn't been update to the system. The update should be available 3/10 and you should be able to efile after 03/11. I would wait until 03/12 just to make sure the entire update has been put into place.

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View solution in original post

DaveF1006 · ‎March 9, 2022

The correct calculation requires form 1116, Schedule B that hasn't been update to the system. The update should be available 3/10 and you should be able to efile after 03/11. I would wait until 03/12 just to make sure the entire update has been put into place.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Form 1116 on Windows 10 Turbotax install