- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Yes, you have the option not to take the $4.00 foreign tax credit shown on your 1099-DIV. This will not cause a problem with your return if you use the standard deduction or itemize your deductions.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 28, 2022
9:38 AM