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March 15, 2020
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Where do I input Foreign Tax Credit carryover to 2019 in TT Home & Biz?

  • March 15, 2020
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Where do I input Foreign Tax Credit carryover of $8k from 2018 to 2019 in TT Home & Biz?  It comes from Form 1116.  Thank you.

Best answer by Anonymous_

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2 replies

Employee
March 15, 2020

Duplicate

 

March 15, 2020

You need to go all the way through the foreign tax credit screens for each type of income to find the regular foreign tax carryover and the one for the AMT.  It is near the end of the foreign tax credit section.  If you cannot find it, you need to go back to the country summary page for your general category income (or passive income if the carryover relates to that) in the foreign tax credit section and click edit and go through the screens again.  It is right after the High Tax Kickout screen.

 

 

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