Skip to main content
Level 2
March 4, 2021
Question

Client qualifies for the election to not file F1116 and still claim the foreign tax credit. How do I suppress F1116 and still have the foreign tax credit on the return?

  • March 4, 2021
  • 1 reply
  • 9 views
No text available
This topic has been closed for replies.

1 reply

itonewbie
Level 15
March 5, 2021
  1. Navigate to Credits > Foreign Tax Credit (1116) > Foreign Tax Credit (1116);
  2. On the input screen, click on Gen. Info/Election in the top-right corner; and
  3. Make your entry on the line Elect not to file Form 1116: 1=do not print election statement, 2=print election statement.
---------------------------------------------------------------------------------Still an AllStar