7292
The following diagnostic is generating:
Form 1116, Part II: A foreign currency conversion statement is required for foreign taxes reported as paid in foreign currency. Please note: If Form 1116 was triggered due to entries for interest, dividends (via screens 11, 12),etc., and not via the Foreign Tax Credit area (screen 35), entering the conversion statement (in screen 35) will now trigger an additional 1116 column unless the foreign source that relates to the conversion statement is tied to the new Form 1116. This can be done in the interest, dividends etc., screen that has the foreign taxes by choosing the correct Form 1116 in the "Form 1116 name or number [O]" field located in the foreign section. The tying of the foreign source to Form 1116 in this case is required and may cause an efile reject if not completed as the statement will not be rendered in the efile.
Solution:
