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Deductions & credits
You will need to report this in Turbo Tax if it didn't populate from your 1099DIV.
- Go to state and edit North Carolina
- Navigate through your program until you reach a page that says Take a look at North Carolina credits and taxes
- Go to other credits>other state credits
- The page will say Other State or Country Tax Credit Say yes at the bottom
- 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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March 2, 2020
3:09 PM