JoannaB2
Expert Alumni

Deductions & credits

No, you don't  need to  explain your foreign tax paid, but you may specify if it was accrued or paid, and/ or if you want to take the credit or claim it on itemize deduction, if qualified,. The foreign tax paid is entered on Form 1116. You file Form 1116  if you are an individual, estate, or trust, and you paid or accrued certain foreign taxes to a foreign country or U.S. possession.  To view your Form 1116 of Form 1040:

  • In Turbo Tax Screen, click Tax Tools, then Tools.
  • Under Tools Center, scroll down and click View Tax Summary.
  • Click Preview my 1040, on left side of the screen.
  • Scroll all the way down until you see "Schedule 3, Additional payments and credits".  See attached screenshot.