If you received Form 1099-DIV, check to see if Box 7 is filled with $61. It is because your investment portfolio had foreign holdings and foreign tax paid on foreign income earned by your investment portfolio. Since you are paying taxes on your dividend income, you can also take a credit for foreign tax paid on your tax return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
