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Deductions & credits
After you have entered the income into TurboTax in the appropriate area for the type of income, follow these steps to enter the taxes paid on the income:
Then to enter the taxes paid follow these steps:
- Click on Deductions & Credits (either in the center of the program or across the top)
- Click on Show more beside Estimates and other Taxes Paid
- Click on Start beside Foreign Taxes.
- Follow the prompts being sure to answer Yes to the question about entering the income.
- Be sure to enter the same income amount in this section - here the income amount is just used in the credit computation but does not get entered as income on your actual tax return.
- Note that your taxes paid on your foreign wages are General Category Income and taxes paid on things such as dividends would be considered Passive Category Income
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‎July 11, 2020
10:05 AM
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