Creating more than one 1116 form in Turbotax 2024

Forum|Forum|1 year ago
March 9, 2025
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I need more than one IRS form 1116 due to an investment which uses accrued foreign tax vs paid foreign tax. I was thinking in the past that Turbotax might have remembered the 1116 forms from the previous years, but I may be mis-remembering on that point. I think it would bring carry-overs, but I had no carry-over from 2023.

With Turbotax Premier on Windows 11, it I click Open, and enter 1116 as form. Then select the form desired.

The first time, it let me Add Form, but it only allows the name "Copy 1". I try entering a name or copy number. I click all over this box, and type characters. Nothing accepts a different name. I get the image shown above when I try again. But clicking Add Form for a second one does not do anything. I know I used to be able to have more than one no problem.

Anybody else have this problem, or better yet, a solution? Thanks.

Forms

DaveF1006

It's the sequence of steps you are using. ‌Try this because it worked for me.

Select open form. and Type in Form 1116
Once it appears on the screen as it is displayed, select it and then select open form. ‌You have created the first copy. Don't try to rename it. Now it is populated in your forms.
Now repeat step 1 again.
Now go to create new copy. You may call this Form 1116 (copy 2). Select add form
Now you should have both copies in your tax return using this method.

Here is a screenshot illustrating this. You would only generate this when you create the second copy using the steps I outlined above.