Entering "Foreign Source Amount included in Dividends" from 2019 Fidelity 1099-DIV

[3peronmi5]

I've been all over the Fed Instructions and this Community and have struck out so hence this Post. I have entered everything successfully into TurboTax. However, "Smart Check" is asking that I now enter "Foreign Source Amount included in Dividends" on Box 7d of my Fidelity 1099-DIVs. I have three after-tax accounts at Fidelity with a total Foreign Tax Paid of $631 for 2019. The Fidelity 1099-DIVs only show Box 7 on the front page and don't show Lines 7a, 7b, 7c and 7d anywhere. However, under the "Foreign Income and Taxes Summary" sections at the end of the 1099s, it does list "Total Foreign Source Income" and "Qualified Foreign Source Income" in total amounts of $9,998 and $1,875 respectively for the three accounts. Question: which one of these do I use so I can get through "Smart Check"?? Thanks in advance, Mike P

[ThomasM125 · Accepted solution]

The total amount of $9,998 would be the foreign source amount included in Dividends. The qualified amount would be included in the $9,998 figure. So, enter $9,998.

[3peronmi5]

Thomas,

Thanks for your quick reply. That seems to make the most sense. I have no clue why Fidelity doesn't use the same terminology as TT. Perhaps TT could add a statement or footnote explaining this under the "Smart Check". I suspect that other on line brokers may use different terminology. Appreciate your response!!

[LinaJ2020]

You are very welcome!

[banpwong]

That amount is already included in the imported 1099DIV.  Does entering that amount duplicates what in already entered?  I notice that if I include that amount my tax changes so not sure if that is due to duplication of the entry?

Ban