DaveF1006
Expert Alumni

Deductions & credits

You will need to report this in Turbo Tax if it didn't populate from your 1099DIV.

  1. Go to state and edit North Carolina
  2. Navigate through your program until you reach a page that says Take a look at North Carolina credits and taxes
  3. Go to other credits>other state credits
  4. The page will say Other State or Country Tax Credit Say yes at the bottom
  5. Then it is going to ask for a country name and then the next screen will ask for an amount.  Country name should be mnetioned as a footnote in the brokerage statement if you received one.
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