What is the form used for?
- To claim the foreign tax credit if you are an individual, estate, or trust, and you paid or accrued certain foreign taxes to a foreign country or U.S. possession.
Is the form Supported in our program? Yes
How to access the form: After opening a 1040 return on the Online/Desktop program or 1041/706, type return on the Desktop program, use the add form feature, and search for 1116.
Limits to the form: You may copy this form as needed
Solution Articles:
1118 - Foreign Tax Credit
IRS Publication: https://www.irs.gov/forms-pubs/about-form-1116
