pk
Level 15
Level 15

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.