JeffreyR77
Expert Alumni

Deductions & credits

You are not required to report the foreign source if your foreign tax paid is less than $300.  Make sure you check the box that says 'My form has info in other boxes (this in uncommon)'  Enter the information into TurboTax from  your 1099-DIV and TurboTax will calculate a foreign tax credit for the tax you paid.

 

 

 

Foreign Tax Credit