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Level 2
March 24, 2021
Question

Not eligible for efile, Simplified AMT foreign tax credit limitation

  • March 24, 2021
  • 4 replies
  • 11 views

Proseries is telling me a return is not eligible for efile because we elected the Simplified AMT foreign tax credit limitation.  It was apparently elected first in a prior year.  The return has foreign tax credits from an RIC mutual fund, no other type of foreign income.

Proseries lists just Form 1116 (Copy 1), no other Form 1116s except the AMT 1116.

I think we've had AMT & FTC in the past with no problem filing electronically.

The Proseries help line assistants are unable to help or explain. 

I'd like to file the return electronically, anyone know of a workaround?.

   

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4 replies

Level 2
March 30, 2021

I'm experiencing the same electronic filing rejection.   This return qualified last year.   On my return, it does not reject for electronic filing once the foreign tax paid is under $300.   How do we "not" elect the Simplified AMT Foreign Tax Credit?

sjrcpa
Level 15
March 31, 2021

Several other people report this today.

The more I know the more I don’t know.