adam_cpa
Level 3
02-23-2022
12:09 PM
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I do have a current year credit, but it is less than 300 bucks. So, I am deleting Form 1116 and taking just the current year credit (which is slightly different than what we would be allowed if the carryover is considered). Next year, I will pick up the carryforward again. Not perfect, but not materially different. Just a pain to deal with. Not sure why ProSeries or the government, whoever is at fault here, don't have the forms all ready to go by March 1 since that is the earliest of the due dates. My guess is it is a ProSeries issue. I can't imagine the government not have final forms at this point in time.