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Get your taxes done using TurboTax
Here is what appears is causing many users to miss the screen for entering LT qualified dividends.
When entering the foreign tax credit for the first time, when you arrive at the screen with the following header:
“No Other Income or Expenses”
If YES is selected, then the following screens headers appear before exiting.
“Foreign Taxes Paid”, “Carryovers”, “Foreign Taxes”.
If NO is selected, then the following screen headers appear:
“Completing Form 1116”, “Foreign Tax Credit Worksheet”, ”Choose Income Type”, “Country Summary”, then “Any Foreign Source Qualified Dividends or LT Cap. Gains.”
February 27, 2021
10:49 AM
2,248 Views