turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Canadian t3 to 1099int

Where am I suppose to put my information for foreign dividends from my T3?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
view2
New Member

Canadian t3 to 1099int

To report foreign dividend or interest income, enter the information as though you had received a Form 1099-DIV or INT, but leave off the Payer's Federal Identification Number. 

Note that if the income is reported to you in foreign currency figures you would use the exchange rate on the last day of the year when converting the foreign figures.

You may need to file Schedule B, Interest and Ordinary Dividends, with your U.S. tax return. You may also need to file Form 8938, Statement of Specified Foreign Financial Assets. In some cases, you may need to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts. 

Form 8938

https://www.irs.gov/uac/form-8938-statement-of-foreign-financial-assets

Report of Foreign Bank and Financial Accounts (FBAR)

https://www.irs.gov/businesses/small-businesses-self-employed/report-of-foreign-bank-and-financial-a...

Seven Tax Tips about Reporting Foreign Income

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question