I reported this issue on 2/24.  This is the email we received after 2 hours on the phone with "tech support".

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The unexpected behavior has been reported to our engineering team for review. 

It appears the Foreign Country code is not converting for e-file, taken from Form 1116 line I column A-C.

We do not have a workaround to offer at this time, a future update may be needed.

As soon as we learn more we will inform you by email with a resolution.

We apologize for the inconvenience.