Thanks for the quick response.
I follow you - if the value entered for Taxes Withheld In Foreign Currency is just informational, and no computer is going to "reality check" that value versus the US Dollar value entered, then I just need to get the US Dollar value correct and provide the explanation statement as to how it is arrived at. Great !!!
Do you know if the explanation statements entered on Form 1116, Part II get included automatically when I e-file? Or do these need to be mailed separately to the IRS after submitting the e-file?
Answering your question - I DID enter 1099-DIV forms into TurboTax in order to report the Dividend Income and Tax Withheld by the Foreign Payer, one for each Country with foreign income, even though the Foreign Payer does not submit 1099s. Is that what you meant by a "blank 1099-DIV" ?
In order to keep track of accounts and countries for the Schedule B and Form 1116 interview, I did enter a Payer Name on these 1099-DIVs - a name that will not mean anything to the IRS. That should not matter for the IRS or for e-filing, correct?
