Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

How do you input into the software a foreign tax credit carryback to the prior year. This question is for both years.

gregorylucyshyn
Level 1
This is passive category FTC
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

3 Comments 3
George4Tacks
Level 15

Fill out the info at the top of the 1116 input then go to the Carryovers

Capture.JPG


Answers are easy. Questions are hard!
0 Cheers
gregorylucyshyn
Level 1

Specifically I have a FTC created in 2020, that needs to be carried back to 2019.  A negative number cannot be added to the C/O input screen.

0 Cheers
George4Tacks
Level 15

Checkout https://proconnect.intuit.com/community/proconnect-tax-discussions/discussion/i-have-unused-amp-exce... and see if that gives you guidance. @itonewbie might be willing to help you out either here or in that thread, if you reach out the way I just did by typing the @name of the person you want to call into the discussion.


Answers are easy. Questions are hard!
0 Cheers