The latest chapter of my 5 year struggle to properly report foreign tax payments. I receive several brokerage statements that report Dividend Income by foreign country. Turbo Tax does not deal with this issue well, in that each 1099 Div can only be used once in working through the step by step process -- accordingly, if you have multiple countries, it does not work. I have been told previously that the fix is to create dummy 1099-Div forms, by country, and divide up the reported amounts accordingly. This year, for the first time, the program instructions direct you to do so. The alternative, which is not consistent with the IRS instructions, is to report all of the dividends as "Various." I decided to do the work again this year to comply; I finished the return, resolved error messages, and e-filed. The result was that my filing was rejected; the reason given was that you cannot e-file if you have more than one 1116 for any category of income. Since all of these dividends are in the same category of "passive income" and I had multiple 1116 forms as a result of creating the separate county 1099-Divs, my return did not meet this requirement. It would have been nice if Turbo Tax Premier would have advised, in the instructions, that the result of following the recommendation is to be disqualified from e-filing.
Anybody have a similar experience and any suggestions?
Thanks
