Turbo Tax and foreign tax credit for states

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international001
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Joined: Thu Feb 15, 2018 6:31 pm

Turbo Tax and foreign tax credit for states

Post by international001 »

My state is NC

I usually have foreign taxes on 1099-DIV (box 7)

Stupid me, I haven't claimed any FTC on state return all these years.
On Turbo Tax, it seems I can go to State return > Credits and taxes > Other State or Foreign County Tax Credit, and introduce all my foreign taxes and income. Then a D-400TC form is generated.

I thought it would import directly from the 1099-DIV. Is not that the case?
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