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Level 3
February 24, 2023
Solved

Critical diagnostic says attach foreign tax reconciliation schedule where do I find this

  • February 24, 2023
  • 2 replies
  • 22 views
client has foreing tax credit from Estate K-1
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Best answer by CO300

Make a PDF of the Schedule B (1116) and attach. It will resolve.

2 replies

George4Tacks
Level 15
February 25, 2023

Follow the instructions here https://proconnect.intuit.com/support/en-us/help-article/form-1116/generating-form-1116-foreign-tax-credit-individual/L9Eu9abmF_US_en_US?uid=lej9m7hz

 

If that fails and this is just a small amount, I would just input the figures in the interest or dividend section. Be sure to give the total foreign income by type and the foreign tax. I would further do the election to not file the 1116. 

Answers are easy. Questions are hard!
CO300Answer
Level 2
February 25, 2023

Make a PDF of the Schedule B (1116) and attach. It will resolve.