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Level 2
March 26, 2021
Question

Why won't Foreign Tax Credit Form 1116 Print on the final return?

  • March 26, 2021
  • 1 reply
  • 12 views

I am working on a trust return (grantor trust, specifically), and the form 1116 won't print/show when I look at all the forms. Any idea what could be wrong? I followed a variety of instructions/ suggestions with no luck. Using ProConnect Online. 

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1 reply

sjrcpa
Level 15
March 26, 2021

Is the credit being passed through on the K-1s?

The more I know the more I don’t know.
lukereauAuthor
Level 2
March 26, 2021

No, the source of the foreign taxes paid is a 1099-B