I have Foreign Tax that I am trying to apply as a credit since I am doing the standard deduction. During the final checks the "schedule B - Form 1099-DIV box 7" not filled question cames up and I am not sure if I am doing this right. First, the tax is being reported on the Mutual Fund as Various countries. This is NOT an 1116-AMT. I have double click the entry box and linked to COPY 1 (which is the Form 1116). The problem is what next. box 7c ask me to select a "column" so I guess its "A" based on there is only 1 Foreign tax reported on 1 fund. I have no idea what I should do for 7d "Foreign source amount included in dividends", right now its 0.00.
So its this how I should be doing it?
