@RJG0307 , so you are saying that you earned dividends on a stock/ bond that was foreign and therefore taxed by the local tax admin --yes? Was this through a US broker, foreign country broker or direct investment by you ( foreign stock in a foreign exchange ). Which country?
While I await your answer(s) , generally (a) foreign dividends are rarely qualified dividends for US tax purposes ; (b) you report these foreign dividends just as if they were US based ordinary dividends ; (c) if the total amount of foreign tax is equal / under the safe harbor amount ( $300 per filer ), then you do not need to file a form 1116 , and you will get dollar for dollar of foreign tax credit reducing your US tax liability.
Please answer my questions -- I will circle back after I hear from you
