If I recall correctly -but I haven't gone back to check each year, although I do have all of them stored somewhere - I reported everything I was supposed to aft...
How/where do you enter it? Why doesn't TurboTax enter it automatically?I didn't attempt to use the Tax Credit this year since I had no Foreign Taxes in 2021, bu...
I guess we'll have to agree to disagree.Credits are already earned from prior years earnings. If I have a tax credit from US sources, future earnings are immate...
If we delete Form 1116, will TTax keep track of the carryover for the next ten years? I'd hate to have to depend on my recollection of a tax credit say, five ye...
A little late to this thread, but is there an IRS reference to this? Seems unfair to me as I have a substantial amount of tax credits from prior years but sold ...