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Registered: ‎03-04-2018
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Foreign Tax income > $600 - credits not working

I'm having an issue getting the proper calculations done with foreign tax credits from passive income over $600. These require form 1116 to be completed. If I enter an amount under $600 on my 1099-DIV form, it eliminates the need for 1116 and populates form 6251 line 32 (AMT Foreign Tax Credit correctly) which gets back onto my 1040 to reduce my tax. 


If I put in the > $600 amount on my 1099-DIV and then complete 1116 with that amount as well, it does not carry forward to form 6251 line 32. Any ideas on what I'm doing wrong? It is almost like the 1116 form is not linking properly back to 6251.



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