K-1 Box 21 Foreign Tax not carried to Schedule A

[anthonyeee]

The Schedule A Tax and Interest Deduction Worksheet line 4c Foreign taxes does not get filled in from box 21 data on K-1.  The Data Source for the line mentions K-1 line 16 which is from prior years.  If I Override line 4c I get the right tax but Check warns about the override when doing electronic filing and I don't want the electronic filing to be rejected.  What should I do?

[DaveF1006]

In order to claim the deduction in Schedule A, you need to complete the Foreign Tax Credit section to make the election whether to take the deduction or the credit. Here is how to report.

1. Click on federal> Deductions and Credits at the top of the screen
2. Select I will choose what I work on
3. Scroll down to Estimates and Other Taxes Paid 
4. Select Foreign Taxes and then select start
5. Select Yes to the question "Did you pay foreign taxes in 2021 or have credits to use from a prior year?" and then click on Continue
6. Answer yes to the question that asks if you have already reported all your foreign income paid on interest, dividends or K1's.
7.  Continue past the next question and when you get to a screen that says Tell us About your Foreign Taxes, indicate none of these apply.
8. Continue on until it asks you if you wish to take the deduction or credit.  Here you will indicate you wish to take the deduction and this election will allow you to claim the deduction on Schedule A.

[anthonyeee]

Dave thank you for the response but you are missing the point.  The information entered on the K-1 for foreign tax in Box 21 does not propagate anywhere.  This is a Turbotax bug, probably due to the K-1 changing which box foreign tax is reported in for 2021.  I have used the program for nearly 20 years so I'm familiar with the steps you listed.  Nonetheless I went through them again starting a complete new tax return, entering just enough income and deductions to force itemized deductions, and a K-1 reporting foreign tax on Box 21 and it still does not show up on Schedule A.

On the plus side I did notice by going through your steps that I could report the tax AS IF it was not reported on the K-1, essentially reporting it twice, and then it gets to the Schedule A... this might be better than doing an Override on the Schedule A Tax & Interest Deduction Worksheet line 4c, especially if I remove the data from Box 21 so if the bug gets fixed it doesn't count the tax twice.