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    Tax after credits is the same amount as tax before credits even though $63 foreign tax credit is listed. Why won't it recognized the foreign tax credit amount?

    k-tyksinski
    Level 1
     
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    2 Comments 2
    Just-Lisa-Now-
    Level 15
    Level 15

    You need to look at the actual 1040 + schedules and follow the money to see why your outcome is what it is.


    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
    itonewbie
    Level 15

    Where is foreign tax credit listed?  If your client is eligible for §904(j), did you make that election?

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    Still an AllStar