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Get your taxes done using TurboTax
During the foreign tax credit interview, it initially asked for the foreign-source income.
That is the amount in the 1099-DIV box 1a x 0.9034.
Next it asked for the foreign sourced qualified dividends and lt. cap. gains.
That is the amount in the 1099-DIV box 1a x 0.645.
The lt. cap gains portion is the amount in the 1099-DIV box 2a. Since the foreign amount cannot be determined, it can be ignored.
March 6, 2022
5:13 PM