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Deductions & credits
I will suggest you to enter the information under "Other Income". Here are the steps:
In TurboTax online:
- Sign into your account, select Pick up where you left off
- To the right upper corner, in the search box, type in "other reportable income" and Enter
- Select Jump to other reportable income
- Next screen, Other Wages Received, select No to continue
- Next screen, scroll down all the way to the bottom, under Other reportable income, select Start
- Next screen, Any Other Taxable Income? select Yes to continue
As a US citizen and resident, you are required to report worldwide income including the foreign dividends. This amount will show on line 8 of Schedule 1 and Form 1040.
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‎February 26, 2021
1:33 PM