My solution:
There should be a supplemental section in the tax statement which breaks out the details of the summarized 1099-DIV.
Step 1: Identify all entities that were subject to foreign tax. Typically will be in a table titled-
Investment Expenses, Foreign Taxes Paid and Other Fees, or similar.
Step 2: Identify and highlight the (Box-1a) Total Ordinary Dividends paid by an entity that paid foreign tax. Should be listed in a table titled- Dividend Distributions.
Step 3: Add up the Total Ordinary Dividends you received from the entities that paid foreign tax. This IMO is the ‘Foreign Source Amount” of dividends.
'Do you know the only thing that gives me pleasure? It's to see my dividends coming in.'
John D. Rockefeller
