user17712903551
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I am not able to take any of the foreign tax credit due to no taxes paid or owed in 2025 and I would like to carry forward 100% of the under $600 amount to futu...
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No form 1116 worksheet was created. So the IRS does not require form 1116 to be filed?Can I track my foreign tax credit carryovers in an excel spreadsheet if T...
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I claimed a foreign tax credit last year but did not have a carryover so no election was made. Thanks
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Thanks for the response. Unfortunately, after I log back in and put the foreign tax credit back to $500, the form 1116 disappears.So adjusting to $600 did creat...
Activity Feed for user17712903551
- Cheered Re: Foreign Tax Credits for DaveF1006. March 3, 2026 6:42 AM
- Posted Re: Foreign Tax Credits on Deductions & credits. February 26, 2026 7:34 PM
- Posted Re: Foreign Tax Credits on Deductions & credits. February 26, 2026 7:57 AM
- Posted Re: Foreign Tax Credits on Deductions & credits. February 26, 2026 6:00 AM
- Posted Re: Foreign Tax Credits on Deductions & credits. February 25, 2026 10:29 AM
- Posted Re: Foreign Tax Credits on Deductions & credits. February 20, 2026 11:56 AM
- Posted Foreign Tax Credits on Deductions & credits. February 20, 2026 5:41 AM
- Posted Re: I cannot get Turbotax Online to complete Form 1116 so I can carryover unused Foreign Tax credits to 2026 on Deductions & credits. February 17, 2026 8:19 PM
- Posted I cannot get Turbotax Online to complete Form 1116 so I can carryover unused Foreign Tax credits to 2026 on Deductions & credits. February 17, 2026 7:14 PM
- Posted Foreign dividends are not separately broken out on my Schwab 1099-DIV so how can I get turbotax to prepare form 1116 so that i can carryforward unused foreign taxes paid? on Deductions & credits. February 17, 2026 7:45 AM