Why doesn't the foreign tax credit show up on Schedule 3, Line 1 of my 1040?
If the foreign tax credit doesn't show up on Schedule 3, Line 1 of your 1040, one possibility is that you don't have any amounts on Form 1040, Line 15. This can happen if you're under the filing threshold or if you haven't finished entering all your income yet.
Another possibility is that you took the deduction instead of the credit. In this case, it'll show up on Schedule A, Line 6 as other taxes.
Follow these steps to determine if you want to switch from the deduction to the credit. Most people are better off taking the credit as it's a dollar-for-dollar reduction in your taxes.
Open or continue your return.
Navigate to the foreign taxes section:
TurboTax Online/Mobile: Go to the foreign taxes screen under Deductions & credits in the Federal section.
TurboTax Desktop:
Go to Federal Taxes.
Go to Wages & Income.
If asked How do you want to enter…?, select I’ll choose what I work on.
Under Estimates and Other Taxes Paid, select Start or Update next to Foreign Taxes.
Follow the onscreen instructions, and on the Do You Want the Deduction or the Credit? screen, select Take a Credit and continue.
