Level 2
Adjustments can be manually entered for line 16, but Form 1116 instructions require maintaining separate limitation loss accounts and attaching a statement to Form 1116 showing the balance in each separate category.  The return from my client's previous tax preparer includes a statement that appears to have been generated by tax software, but I don't see any way to maintain or generate this statement in ProConnect.
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Level 15

No.  You will need to compute any SLL/OFL/ODL as well as recapture outside of PTO.  Manual adjustments will need to be made and the account you keep must also be attached manually.

I recall GoSystem RS does have limited capability to capture some of the details but it's not perfect either.

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Still an AllStar

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Level 2

Thank you for confirming.  I also looked in Miscellaneous Forms in PTO for a loss accounts form and didn't find anything.  I can create a form with the required loss accounts information and attach it to the return, but if you happen to know of a source of fillable PDFs for this purpose, let me know - thanks!

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Level 15

We prepare our own. Not aware of any template out there.

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Still an AllStar
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