KurtL1
Expert Alumni

Get your taxes done using TurboTax

When entering the Foreign Taxes Paid on all your Form 1099-DIV is less than or equal to $300 ($600 if Married Filing Jointly). that you do not need to designate what country the Dividend income is from. The foreign taxes will be entered as tax credit.

 

If you need to report the income you need to look through the dividend listing from your investor and add the Dividend Income (not Qualified Dividend) to get the total income. Instead of entering different countries, you should enter RIC as the country.

 

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