Deductions & credits

If you reported Foreign Tax on a 1099-Div, that amount automatically transfers to the Foreign Tax Credit section.

Then, in the Foreign Tax Credit section you enter the dividend income amount associated with this tax.

However, you can elect to take a Deduction rather than a credit reported on Form 1116.  The Foreign Tax is then reported on Schedule A. 

Go to the Foreign Tax topic under Deductions & Credits, and Review.  Choose 'You have no more foreign taxes to enter other than those already entered on a 1099-Div, 1099-Int..' and Continue.

The next screen says 'Must you take the foreign tax credit? We'll give you another option..'

The next screen says 'Do you want the deduction or the credit?' where you can choose Itemized Deduction.