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Level 1
March 2, 2026
Question

Trying to figure out how to enter Foreign Taxes Paid. I have two statements. 4 Individual Countries I paid tax on Dividends and 1 RIC that Paid foreign tax.

  • March 2, 2026
  • 1 reply
  • 8 views
How do I get to the Form 1116 to enter the data

1 reply

Karis_F
Level 7
March 2, 2026

Enter the dividends as a Form 1099-DIV and indicate in Box 7 the amount of foreign tax paid

 

For the RIC, use Form 1099-DIV but select "RIC" instead of a foreign company as the origin of the income.

 

To get to the Foreign Tax Credit (Form 1116) in TurboTax Online, go to Deductions & Credits>Foreign Tax Credit

 

Here is a TurboTax article on Form 1116 for more information.

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