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Form 1116
With the 1099-DIV section of my mutual funds (Fidelity & Vanguard), in BOX 7 (Foreign Tax Paid), there are small amounts under Foreign Tax paid (under $150). And under Foreign Country, both Fidelity & Vanguard lists "VARIOUS". Before the final e-filing step, Turbo Tax is asking me to go back & fill Form 1116 for foreign income. My 1099-DIV does not show foreign income.
How can I bypass Form 1116, so that I can complete the e-filing process?
‎February 27, 2021
5:42 PM