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Deductions & credits
assuming you are a US citizen you are taxed on your worldwide income inluding these dividends, to avoid double-taxation you are entitled to a foreign tax credit on your federal 1040. if you are single you can take the FTC of up tp $300 ($600 if married filing jointky) without filing form 1116. otherwise the form is required Turbotax will take you through the proper steps whn you enter your dividends
May 31, 2023
8:46 AM