I can't remove 3 errors in my Premier 2021 tax return for mail in due to Form 1116

[MayaD]

Can you list the errors?

Do you have any Foreign Tax Carryover?

[Steves51]

The errors are:

1.  Cannot efile

2.  An entry on the Foreign Tax Credit Carryovers says this requires Form 1116 Schedule B, which will be available in a future product update.

3. An entry of the Foreign Tax Credit Carryovers to 2022.  This will require Form 1116, Schedule B, which will be available in a future product update.

[Steves51]

Yes, I have carryovers.

[Steves51]

My real question is do I mail it in with the errors if I believe the foreign tax credit carryovers are correct, or wait for Intuit to update the software to a non-determined date?

[MayaD · Accepted solution]

Your are receiving the error messages because Form 1116 Sch B, Foreign Tax Carryover Reconciliation Schedule is not available. 

The form will be available to print on 3/10/2022 and on 03/11/22 if you want to e-file. 

[Steves51]

The errors are:

1. Cannot efile
2. An entry on the Foreign Tax Credit Carryovers says this requires Form 1116 Schedule B, which will be available in a future product update.
3. An entry of the Foreign Tax Credit Carryovers to 2022.  This will require Form 1116, Schedule B, which will be available in a future product update.

Yes, I have carryovers.

My real question is do I mail it in with the errors if I believe the foreign tax credit carryovers are correct, or wait for Intuit to update the software to a non-determined date?

[MayaD]

Wait for the updates. As I mentioned earlier the form will be available to print on 3/10/2022 and on 03/11/22 if you want to e-file.