Not sure how to ctrl + F

Forum|Forum|6 years ago
December 7, 2019
1 reply
24 views

I am trying to figure out how to input box 7 (foreign tax paid) from 1099DIV.
very confusing to me

Lacerte Tax

This topic has been closed for replies.

Best answer by George4Tacks

While in the Input Screen you can hold the Ctrl key and touch the F key. That will bring up a search box. This is overkill for this particular item, since you know it is on 1099DIV. While doing input for dividends, look to the left column and find Foreign Tax - See image Input the client Residence (probably click drop down and hit U five times) then put a 1 in the elect to not file 1116

For small amounts, I link to #1 in the 1st line. To do that you complete Screen 35, top box is Gen. Info/Elections - and you MAY be done. If more info is needed, you will get a diagnostic.

Here is more help https://accountants-community.intuit.com/articles/1606312-generating-form-1116-foreign-tax-credit-for-an-individual-return

George4TacksAnswer

Level 15

While in the Input Screen you can hold the Ctrl key and touch the F key. That will bring up a search box. This is overkill for this particular item, since you know it is on 1099DIV. While doing input for dividends, look to the left column and find Foreign Tax - See image Input the client Residence (probably click drop down and hit U five times) then put a 1 in the elect to not file 1116

For small amounts, I link to #1 in the 1st line. To do that you complete Screen 35, top box is Gen. Info/Elections - and you MAY be done. If more info is needed, you will get a diagnostic.

Here is more help https://accountants-community.intuit.com/articles/1606312-generating-form-1116-foreign-tax-credit-for-an-individual-return

Answers are easy. Questions are hard!

Sign up

Login with SSO

Let's get you signed in

Login with SSO