I am using TurboTax Premier. I have ten countries which withheld taxes on dividends. I am trying to get the tax credit. I am having trouble filling out the questionnaire.
1) At the page titled "Where Did You Receive Dividend Income From?", it states to select all countries to which I have paid taxes. I then select all ten countries and click "continue".
2) At the page titled "Income from Foreign Countries" it lists the ten countries. I select the first country and click "report income".
3) At the page titled "Report Foreign Tax Paid to <country>" I select the appropriate 1099s and click "continue".
4) At the page titled "Foreign-Source Income" I enter the correct amount and click "continue".
5) At the page titled "Reporting Foreign Taxes Paid" it states "You have completed reporting all copies of Form 1099-DIV to a country". "Do you want to review your entries?" "Note: If you answer 'yes' then you must repeat the process and report all copies of 1099-DIV again".
If I click on "no" it goes to a page titled "Simplified Limitation Election for AMT". The page states "We've reported your interest, dividends, and Schedule K-1 from each country." It goes on to state other things but it acts as if I am complete when I have only filled out one country.
If I click on "yes" it goes back to the page titled "Where Did You Receive Dividend Income From"? All the countries that I entered previously are gone except the first country which I have reported income. I enter the second country (again), click "continue" and go to the page titled "Income from Foreign Countries". I select the second country and click "Report Income". I go to the page titled "Report Foreign Tax Paid to <country>" I select the appropriate 1099s and click "continue". I go to the page titled "Foreign-Source Income" I enter the correct amount and click "continue". I go to the page titled "Reporting Foreign Taxes Paid" it states "You have completed reporting all copies of Form 1099-DIV to a country". "Do you want to review your entries?" "Note: If you answer 'yes' then you must repeat the process and report all copies of 1099-DIV again". I click on "yes". I go back to the page titled "Where Did You Receive Dividend Income From"? The first country that I entered previously is gone and only the second country which I have reported income is left.
So no matter whether I enter "yes" or "no" in Step 5 above the program doesn't work. Has anyone been successful with this?
