Skip to main content
tcochran1108
Level 3
March 10, 2025

4645

  • March 10, 2025
  • 1 reply
  • 6 views
The following diagnostic is generating: WHEN ELECTING TO CLAIM THE FOREIGN TAX CREDIT WITHOUT FILING FORM 1116, THE TAXPAYER MAY NOT CARRY OVER ANY EXCESS FOREIGN TAXES PAID OR ACCRUED TO OR FROM A TAX YEAR TO WHICH THE ELECTION APPLIES ref # 4645. HOW DO I CLEAR THIS?

    1 reply

    sjrcpa
    Level 15
    March 10, 2025

    Don't. It's correct.

    The more I know the more I don’t know.