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Topic: TaxACT & 1116  (Read 1029 times)

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TaxACT & 1116
« on: February 01, 2022, 02:46:26 PM »
I still see that TaxACT (online version) has not yet updated the Foreign Tax Credit 1116 for 2021. A bit stuck until they do a program update, although i'm a little bemused as to why they haven't integrated the new version by now - especially as the IRS released the 1116 and schedules January 19th.

As a check, I would like to know if the same issue shows up with other TaxACT users'? Perhaps this is a systemic problem amongst other preparers and no one is able to e-file file at this time?

This is what I see.

'Foreign Tax Credit - Interview Options
This section has not been finalized at this time. A program update will be released to enable this area for 2021 tax filing. You can access this section until a program update is released but will not be able to complete your filing. TaxAct recommends you return to this section prior to completion and review for any future updates.'


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Re: TaxACT & 1116
« Reply #1 on: February 01, 2022, 03:37:39 PM »
I just checked my TurboTax and get a very similar message.

No problem for me as I am not in a hurry and still have US 1099s and SSB forms to come through.
Dual USC/UKC living in the UK since May 2016


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