1041-US: Foreign interest and/or dividend income is doubled on Form 1116 (FAQ)

Alerts and notices
Leave feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.

Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to transmit e-files from CS Connect. Find out more.


Why is foreign interest and/or dividend income doubled on Form 1116?


The foreign interest and/or dividend income was probably entered on Screen Income and again on Screen 1116, which doubles the income on Form 1116.

If you enter interest and/or dividend income in the statement dialogs on Screen Income, do not enter the same income on Screen 1116. A Screen 1116 is automatically completed for the income entered in these statement dialogs. 

Related topic: 1041-US: Form 1116 FAQs

Share This