Skip to main content
Level 2
June 1, 2020

Form 1116 Foreign Tax Credit

  • June 1, 2020
  • 2 replies
  • 16 views

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

 

    This topic has been closed for replies.

    2 replies

    abctax55
    Level 15
    June 1, 2020

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

    HumanKind... Be Both
    itonewbie
    Level 15
    June 1, 2020

    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-credit-form-1116/00/3994

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