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Level 5
February 6, 2026
Solved

Reporting foreign taxes paid on mutual funds

Hi, I have to calculate my foreign dividend income from my 1099 DIV. Do I use foreign source qualifying income or foreign source total income when calculating foreign income (for mutual fund dividends only)? 

    DawnC
    DawnCAnswer
    Employee Tax Expert
    February 6, 2026

    Foreign Source Total Income..

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    1 reply

    DawnC
    Employee Tax Expert
    DawnCEmployee Tax ExpertAnswer
    Employee Tax Expert
    February 6, 2026

    Foreign Source Total Income..

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"