Solved

When will Form 1116 become available?

Forum|Forum|4 years ago
February 27, 2022
3 replies
0 views

- Form 1116, Foreign Tax Credit

- Form 1116 Sch B, Foreign Tax Carryover Reconciliation Schedule

TurboTax Premier Online

Best answer by DoninGA

Form 1116, Foreign Tax Credit for tax year 2021 is estimated to be available in TurboTax on 03/03/2022

Go to this TurboTax website for IRS forms availability - https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotax_fed_online_individual.html

DoninGAAnswer

Employee

Form 1116, Foreign Tax Credit for tax year 2021 is estimated to be available in TurboTax on 03/03/2022

Go to this TurboTax website for IRS forms availability - https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotax_fed_online_individual.html

E

ellsasks552Author

Fantastic! Thanks

R

Ralph S

The provided link states the Form 1116 is available now: however, the current update did not download it.

DoninGA

Employee

@Ralph S wrote:

The provided link states the Form 1116 is available now: however, the current update did not download it.

I am using the 2021 TurboTax Premier desktop edition for Windows and the update this morning shows the Form 1116 available.

Current Version number for a Windows based TurboTax program is 021.000.0491 (Help>About TurboTax>Version)

Click on Online at the top of the desktop program screen. Click on Check for Updates.

R

Ralph S

I'm sorry but it is actually the Schedule B of Form 1116 for loss carryovers that is not available. TurboTax will not allow me to e-file the return and states that it must be mailed.?

D

DavidG43

Form 1116, Schedule B is now available on Turbo Tax and it is now possible to e-file with this form. The form became available on Turbo Tax on 03/11/2022. It was not ;possible to e-file on 03/11/2022 within Turbo Tax since the e-filing software did not recognize the existence of the Form. However, on 03/12/2022 e-filing became possible. I e-filed on 03/12/2022 and my return included Form 1116, Schedule B that was prepared by Turbo Tax.