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Foreign tax credit in USD from a K-1 entered to Form 1116 wants a currency conversion. Why?

prkwork
Level 4

A partnership K-1 reports (line 21) foreign taxes paid. Entering that to Form 1116 screen in the USD area as "Other Foreign Taxes" generates a fatal error, requiring a conversion rate. Why? Should the entry go elsewhere?

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2 Comments 2
prkwork
Level 4

The Help Desk called this a bug. Does anyone disagree and have a better answer?

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prkwork
Level 4

Moreover, entering a conversion rate (1.0000) does not resolve the fatal error.

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