Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Form 1116 Foreign Tax Credit

jjmcgiii48
Level 1

I have completed the Form 1116 for a small foreign tax credit, however, the credit is not rolling up to Schedule 3.

 

0 Cheers

This discussion has been locked. New comments cannot be posted on this discussion anymore. Start a new discussion

2 Comments 2
abctax55
Level 15

And exactly which of the Intuit suite of professional tax prep software are  you using?

HumanKind... Be Both
0 Cheers
itonewbie
Level 15

Is your client eligible for §904(j) election, to claim FTC without F.1116?  If not, here's how you trigger F.1116 in PS.

https://proconnect.intuit.com/community/help-articles/help/entering-income-for-the-foreign-tax-credi...

---------------------------------------------------------------------------------
Still an AllStar