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March 6, 2022
Question

how to delete foreign tax credit carryover because TURBOTAX WON'T SUPPORT FORM 1116B

  • March 6, 2022
  • 1 reply
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Turbotax will not let me complete my income tax return because I have a foreign tax credit (FTC) carryover of $100 which will require form 1116B which turbotax has not developed software for yet.  How can I delete this $100 FTC carryover on the foreign tax credit comp wks so I can file my federal and state income taxes using Turbotax?

 

Intuit is supposed to have FORM 1116B ready by March 30 but I don't want to wait. 

    1 reply

    March 6, 2022

    on the foreign tax computation worksheet at the bottom, there is a section that shows the FTC c/o. delete this info.

     

    March 6, 2022

    TURBO TAX will not allow me to delete the ftc carryover in the worksheet