gparch1
Level 3
12-07-2019
12:46 AM
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With other packages we enter a small amount of foreign tax paid in the dividend worksheet. It does not seem possible with Proseries Professional. Am I missing something? I should not have to fill out a Form 1116 for $5 of foreign tax paid.
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TAXOH
Level 11
12-07-2019
12:46 AM
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Go to schedule 3 line 48 and type it in
tctxldy
Level 3
12-07-2019
12:46 AM
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If it is from dividends or interest, double click the entry of dividends on schedule B go to the bottom of the work sheet "foreign tax paid" and click to report the tax on schedule A. It will flow through to Schedule A line 6