How to enter Form 1116 Schedule B in ProConnect

This article will help you enter foreign tax credit carryovers, resolve diagnostic ref. #56669, and attach Form 1116 Schedule B as a PDF for e-filing.

How do I attach this PDF for e-filing?

1. Go to the File Return tab.
2. On the left-side menu, select Partial Print.
   
3. Check the box for 1116 Sch B.
4. Press Create PDF, then click Download PDF.
   • The PDF will open in a new tab where you can save it. You may want to rename or move the downloaded file so you can easily identify it on your computer later.
5. Go to the Input Return tab.
6. On the left-side menu, select General.
7. Click on Electronic Filing to expand.
8. Select the e-file PDF/Miscellaneous screen.
9. Click on the e-file Attachment hyperlink at the top right of the input.
   
10. Press Attach PDF to open your computer's file browser and locate the file.
11. In the Link to form drop-down, select 59=Form 1116 Schedule B.
12. Make sure that "Send PDF attachment with federal return?" is set to Yes.

Note: The PDF attachment must be linked to the appropriate form in order to clear diagnostic reference #56669 and successfully e-file the return.

Where do I enter foreign tax carryovers for Schedule B?

ProConnect will automatically proforma, or roll over, prior year carryovers to next year's tax return. Follow these steps to enter a foreign tax credit carryover if your client's previous return wasn't filed through ProConnect.

1. Go to the Input Return tab.
2. On the left-side menu, select Credits.
3. Click on Foreign Tax Credit (1116) to expand.
4. Select the Foreign Tax Credit C/O (1116) screen.
5. Enter the regular tax carryover amounts in the applicable fields.
6. On the left-side menu, select Foreign Tax Credit C/O - AMT (1116).
7. Enter the AMT carryover amounts in the applicable fields.