pk
Level 15
Level 15

Deductions & credits

@rannr925 ,  

1. Assuming that you have brokers' consolidated report,  in the back pages you should find  (a) total foreign  taxes paid; (b) the mutual fund which had foreign income; (c) for the fund that invested in foreign entities, the percentage invested in foreign  funds.  Once you have that , you them multiply the total dividend earnings from that fund by the percentage foreign investment -- that is your foreign dividend income.   Also it is extremely rare for the foreign dividend earnings to be qualified  ( and if that is true then there is  treaty conditions to be considered ) -- generally they are ordinary dividends --NOT Qualified.

 

2. If you have only a 1099-DIV and no backup information, then you have to get these details form your broker -- call him/her for help

 

Is there more I can do for you ?

pk