Re:TurboTax maker Intuit spent millions in record lobbying b...
by EE84M3i on Sunday February 11, 2024 @10:45AM
(#39335754)
Does it work for Americans aboard that take Foreign Earned Income Exclusion?
Unfortunately it has no support for AMT on Form 1116 (Foreign Tax Credit).
I believe taking any FTC requires doing a full AMT calculation (instructions for schedule 2 line 1) which includes a separate AMT version of 1116, so as far as I know FFF is useless for anyone that takes FTC.
Unfortunately it has no support for AMT on Form 1116 (Foreign Tax Credit).
I believe taking any FTC requires doing a full AMT calculation (instructions for schedule 2 line 1) which includes a separate AMT version of 1116, so as far as I know FFF is useless for anyone that takes FTC.