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Reporting Foreign taxes paid on 1099-DIV

DanF
Level 1
Hi - I'm preparing a return with a small ($20) amount of foreign taxes paid per a 1099-DIV.  I think I should be able to elect a 'simplified method' without having to do the Form 1116, but for the life of me I can't figure out how to do this in PROCONNECT, which keeps pointing me to do a Form 1116. Any ideas?
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2 Comments 2
George4Tacks
Level 15

Credits > Foreign Tax Credit > in the upper right click the Gen.Info/Elections > 2nd entry input a 1 (or 2 if you like to see things in print) 


Answers are easy. Questions are hard!
DanF
Level 1

Thanks!!

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