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Get your taxes done using TurboTax
Your steps helped me enter information into TurbotTax but it appears TurboTax is not covering my specific use case.
I lived and worked in Germany entire 2019. Based on USA - German treaty, I will need to pay all my dividend/stock gains in Germany. If that is a case, TurboTax can not understand this manual entry and right now, I would need to pay USA taxes too. Prior entering cash liquidation distributions, my USA federal tax obligation was $0. Any suggestions/advice how to indicate that I will be paying German tax for cash liquidation distributions? I hope this would not mean that I need to pay taxes for cash liquidation distributions in both USA and Germany.
‎April 5, 2020
1:47 PM