MarilynG1
Expert Alumni

Get your taxes done using TurboTax

In the 1099-DIV section, you report  the amount of Foreign Tax paid as shown on your form.  The amount of Foreign Dividend Income (associated with this tax) should be on the supplemental info you get with your 1099-DIV.

 

If you want to claim a Foreign Tax Credit for tax paid on foreign dividends (as reported on your 1099-DIV), in the FTC section you enter the amount of foreign dividend income, and the tax paid on that dividend. If your 1099-DIV shows dividend income from several countries, you can combine the total into one country called 'RIC' (regulated investment company). 

 

Here's more detailed info on Claiming the Foreign Tax Credit.

 

 

 

@KLM48 

 

 

 

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