Bonnie
Level 3
02-20-2022
04:12 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Client had 2020 taxes prepared by someone else who shows foreign tax credit (from foreign dividends-passive) carried forward to 2021. Where do I enter this on the 2021 tax return (since I would prefer not to enter everything from client's 2020 form 1040?
I don't even see where this would show up on the 2020 form 1116. (I've never had a client who couldn't use his foreign tax credits.)
TIA
Labels