MarilynG1
Expert Alumni

Deductions & credits

If you are reporting Foreign Income and Foreign Tax from a 1099-DIV, use 'RIC' as one country for the total amount of Foreign Dividend/Tax when entering the 1099-DIV (screenshot). 

 

This transfers to Form 1116 for you. 

 

If you have different types of Foreign Income from different countries (earned income, rental, etc.), you need a separate Form 1116 for each category of income. 

 

Line 9 on Form 1116  would show the total amount of Foreign Tax Paid on this type of income.

 

Click this link for more info on Form 1116.

 

 

 

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