Question

Fails check. Get message "Foreign tax Sch A box or Form 1116 copy should be entered. Return to the place where this was entered to correct the entry." what should I do?

I cannot submit my taxes. I get this message on federal review. What is the solution?

Your 1099-DIV worksheet has an entry in box 7 for foreign tax paid and you need to elect to take a deduction or fill out form 1116 for a credit.

If your foreign tax paid is $300 or more ($600 MFJ) then you must file Form 1116 to claim the tax credit. Most people claim the credit but there is a deduction option available. See Where do I enter the foreign tax credit (Form 1116) or deduction?

If your income is from a brokerage, select RIC - regulated investment company, instead of choosing a foreign country.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

Get answers to all your tax questions