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Deductions & credits
If you have foreign taxes paid and associated with foreign income , you should be able to claim the foreign tax credit --- just tell TurboTax that you have foreign tax credit to claim ( when you enter 1099-DIV or broker's consolidated statement ) the credit --- if the amount is $400 or less , then you don't even have to fill out a form 1116. TurboTax will do it all for you.
‎February 1, 2020
9:23 PM