I have a client with a carryover unused Foreign Tax credit (not passive income) and there is an error for the unused amount to carryover to 2022 stating there will be a "Schedule B" to be released soon necessary to report the carryover. Since I do many expats with 2555 and Foreign tax credits, I am nervous about it already being into March with this form not yet available, preventing me from e-filing these returns.
Anyone know what this form is and/or when it might be released? A carryover is very usual and ordinary, so cannot imagine why a new schedule would be required nor why if so, it is so late to be released!
Best Answer Click here
This discussion has been locked. No new contributions can be made. You may start a new discussion here
NVM, I see now it will be released on 3/31 to be used as an attachment. Ridiculous!
NVM, I see now it will be released on 3/31 to be used as an attachment. Ridiculous!
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.