MarilynG1
Expert Alumni

Deductions & credits

@wendywang If you entered a 1099-DIV and reported a Foreign Tax Paid, your broker info should have an amount for Foreign Dividends.

 

The Foreign Tax you enter on your 1099-DIV entry links to the Foreign Tax Credit, where you report the Foreign Dividend Amount (use RIC for 'country' in this case) from your 1099-DIV info. 

 

You may want to go back to your original 1099-DIV entry.  The Foreign Dividend amount and Foreign Capital Gains amounts would be larger than the Foreign Tax Amount. 

 

Click this link for more info on Reporting Foreign Dividends

 

Click this link for more info on Foreign Capital Gains

 

 

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