For me, Iunknowingly entered $26 twice due to the wording on the my Beneficiary Foreign Tax Credit Schedule that I got from my Dad's trust. Box 8 on my schedule...
A common mistake for doubling the Foreign Tax Credit in T.T. is because the user unknowingly enters the value twice due to the wording on the user's Beneficiary...
I also entered a negative number into Box 14H OK (and the same positive value in Box 5 of K-1 Form 1041), but instead of pulling in the positive value into Sch ...
It is now 2025 and still TT is still erroneously doubling my foreign tax credit. After six hours of frustration, I bailed and went to a real CPA. Form 1116 is r...
