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April 16, 2023
Question

I have 4 foreign taxes. I entered them into form 1116 . The total amount of foreign taxes paid is about $650 and TT tax gives me a $9 credit. That can't be right?

  • April 16, 2023
  • 1 reply
  • 0 views
How do I get the time extension?

1 reply

AmyC
Employee
April 17, 2023

1. Check the income that generated the tax. If you are only getting $9 credit, you are probably showing very little income to generate the small tax. Enter the correct income that generated the tax. View your Form 1116:

 

2. You can file Form 4868 for an extension of time to file. See How do I file an IRS extension (Form 4868) in TurboTax Online?

 

 

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