AmyC
Expert Alumni

Get your taxes done using TurboTax

If you want to reduce the amount of foreign tax paid on your 1099-DIV entry, you can reduce it to $300 or $600 MFJ (or less) and not worry about the form 1116. For a few dollars, changing the DIV is easier 🙂

If you want to keep going and choose credit, you can.

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