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April 19, 2025
Question

The foreign Tax Credit (Form 1116) Worksheet for AMT is not being populated

  • April 19, 2025
  • 1 reply
  • 0 views

every year I prepare form 1116 for foreign tax credit and the desktop generate an equivalent form for AMT calculation. This year (2024) the forms are created but no data carries over.

    1 reply

    April 25, 2025

    It won't matter that the AMT form isn't generated unless you trigger the AMT.  But do you have a foreign tax credit for this year?

     

    @cfbastian 

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