Skip to main content
Employee
June 6, 2019
Question

Where did my foreign tax credit carryover go?t

  • June 6, 2019
  • 1 reply
  • 0 views

I have a foreign tax credit carryover from 2017. Where does turbotax apply that credit to my 2018 foreign interest income?

1 reply

Employee
June 6, 2019

If you are going through the foreign tax credit interview, TT inserts the 2017 carryover onto line 10 of the f1116. It uses that and other data to determine the foreign taxes available for credit on line 14.

km53Author
Employee
June 6, 2019
I did not have tt last year. How do I input it?