MargaretL
Expert Alumni

Deductions & credits

The foreign tax paid is entered as follows:

  1. Federal Taxes
  2. Deductions & Credits (you may have to select See all Tax Breaks)
  3. Scroll down to Estimates and Other Taxes Paid
  4. select Foreign Taxes

Notes: 

  • Please make sure that you report the income on which you paid the foreign tax. 
  • You cannot take a foreign tax credit for taxes on income that you exclude due to foreign earned income exclusion.
  • IF you have foreign tax paid on foreign interest and dividends and no forms, please enter the interest/foreign tax AS IF you have form 1099-INT (put foreign interest in box 1 and foreign tax in box 6) or form 1099-DIV respectively.