Fed Form 1116 Schedule B - I have been told by Lacerte that you will not be generating this form, even though in 2021, it is a required attachment when there is an unused Foreign Tax Credit Carryforward.

I agree. It sucks.

At first they said they would not support Form 7203. After the user riot, they changed course.

However, I don't think this affects enough of us to force change.

You got my vote, FWIW.

Jeffrey, I am with you 100%!!  I just wasted an hour trying to find how to prepare the Schedule B in Lacerte.  I thought surely this "top of the line", high priced (read overpriced), software would have this capability.  They are tracking this information to prepare the 1116 anyway!  Why can't they put it on the Schedule B for me too??  I have been thinking about switching software for years; this might be the straw that breaks the camel's back.

Apparently little sister (based on same engine) ProConnect has it.

https://proconnect.intuit.com/community/proconnect-tax-discussions/discussion/2021-form-1116-schedule-b/00/199133

So now this sucks more.

Salt in the wound for sure!!

It looks to me like 1116 Sched B is in the program and the Form Status says it's been there since February 7.  Am I missing something?

I hope this will serve to make @rcooley25 jump up and down a little less....

PS has 1116 Sch B; Lacerte has 8915F....

Yes but ro basic does not. I am still jumping up and down.

I ment Pro Basic.

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ProConnect does have it, but you still have to generate the form as a separate PDF and attach it to the return.  Ultra tax (not an Intuit product) seems to be operating the same way.  It's a brand new form, not a modification of some other form, and the IRS only released it in December.  These things aren't very easy to program in.