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Form 1116 on Windows 10 Turbotax install

Forum|Forum|4 years ago
March 9, 2022
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Hi, I error check my return and keep getting this below. How can I resolve this? I have entries from "Foreign Tax credit carryover from 2020" and "Foreign Tax credit carryover to 2022" that both result in this error. Please advise.

Best answer by DaveF1006

The correct calculation requires form 1116, Schedule B that hasn't been update to the system. The update should be available 3/10 and you should be able to efile after 03/11. I would wait until 03/12 just to make sure the entire update has been put into place.

DaveF1006Answer

The correct calculation requires form 1116, Schedule B that hasn't been update to the system. The update should be available 3/10 and you should be able to efile after 03/11. I would wait until 03/12 just to make sure the entire update has been put into place.

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