Question

TT Online: Foreign Tax Credit carry-over history missing

Forum|Forum|1 year ago
March 4, 2025
1 reply
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I had some trouble filling out the foreign tax credit section. When I redid it, the foreign tax credit carryovers were all gone. How can I reconstruct or get this data? I have been using TT for over 10 years, so it knows all history (and I did see the numbers in my first attempt). In last year's 1116 Schedule B I can see the carryover amounts, but what about the "Amount used" column - I don't see those values in the form. However, TT also has the AMT version of these values, and those I don't see in the form.

Is there a way to make TT fill this data again?

In the very worst case scenario, is there a way to reset my return and start from scratch in TT?

Thanks, Theo

TurboTax Premier Online

M

mglauner

If you were using FORMS mode for Form 1116, this can cause your carryover data to disappear. You can delete Form 1116, and step through the interview section for the Foreign Tax Credit again.

Here's more info on Foreign Tax Credit Carryovers.

If you want to start over completely, from the File menu, choose New Tax Return and transfer your 2023 file again.

@alvazi2