davetodd11
Level 5

The IRS instructions for Form 1116 indicate that line 3e should include " ... capital and ordinary gains (before subtracting any losses) ...", but ProSeries cross-references Line 3e to Form 1041 Line 9 (which provides the figure after deducting losses.  This is resulting in the foreign tax credit being too high.

I can override line 3e, but I shouldn't have to when it seems so clear that ProSeries has an error.

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