dzimmer10
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I filled in the Form Comp Worksheet as you described and it attributed $206 of my US $228 investment expense to foreign income. Does this make sense given it wa...
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Thanks...I understand what it's trying to do. However, since none of the investment expense is foreign, why does it even to try apportion it? Shouldn't that byp...
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My total amount of foreign income is $5300 so above the $5K you mentioned. However, all the investment income expense comes from US investments. Why would it ne...
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I have exactly the same issue. I never had to provide these fields in the past. What changed other than Turbotax???
Activity Feed for dzimmer10
- Posted Trying to exclude my election worker pay from my nj state taxes. This is additional income not reflected on a W2. How can I exclude this? on Get your taxes done using TurboTax. Friday
- Posted Re: Form 1116 on Get your taxes done using TurboTax. 2 weeks ago
- Cheered Re: Form 1116 for pk. 2 weeks ago
- Posted Re: Form 1116 on Get your taxes done using TurboTax. 2 weeks ago
- Posted Re: Form 1116 on Get your taxes done using TurboTax. 2 weeks ago
- Posted Re: Form 1116 on Get your taxes done using TurboTax. 3 weeks ago
- Cheered Re: If you are trying to get foreign tax credit for foreign t... for probablynotirving. 3 weeks ago
- Posted Re: If you are trying to get foreign tax credit for foreign t... on Deductions & credits. 3 weeks ago
- Posted Form 1116 on Get your taxes done using TurboTax. 3 weeks ago
- Cheered Re: Form 1116 (COPY 1) Adj Basis of Tot Inv Ast for user17709723980. 3 weeks ago
- Posted Form 116 Adjusted Basis of Total Investment Assets on Deductions & credits. 3 weeks ago
- Posted Is an income distribution deduction required on a final 1041 or can the estate pay the entire tax owed?. on Retirement tax questions. June 1, 2019 3:22 PM