TT 2022. Form 1116 ALT.

Forum|Forum|3 years ago
January 19, 2023
1 reply
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I waited for today's update of Form 1116 ALT, but there is still an error on line 6 calculation. Instead of using lines 2-5 that show the correct calculation for ALT, it is copying numbers from line 6 of the non-ALT version of Form 1116. Pro-rata share of deductions not definitely related should be zero for ALT. Previous versions of TT had line 6 calculated correctly.

Anonymous_

Employee

@pk12_2 ? Not sure about the calc issue.

gbacchinAuthor

I removed HTKO and then the ALT calculations were correct. As soon as I entered HTKO just as a column even with no numbers, ALT line 6 becomes immediately incorrect even if HTKO is not relevant for ALT in my case.

pk12_2

Employee

@gbacchin , interesting --- can you give a little more detail as to the scenario ( No Personally Identifiable Info, please ) and I run it on my copy of Home & Business Windows and delve into what it thinks it is doing -- please