I used to live in Switzerland and still have one brokerage account there. The brokerage does issue a consolidated 1099 to US citizens. For 2023, the 1099 shows "foreign tax paid" of USD 9,000. 100% of this amount pertains to a Swiss tax on dividends, paid to the Swiss government. I entered this value ($,9000) in Box 7 (foreign taxes paid) when entering my 1099-DIV information in TurboTax. Two questions:
1. On what tax form should I see a credit for these foreign taxes paid? Somehow I thought it might appear on Schedule A, but TurboTax did not produce a Schedule A for my tax return.
2. Do I need to complete form 1116 to claim this credit, even though I have no other foreign-sourced income?
Thank you.
