Deductions & credits

Hi Mike9241:

 

  • Looks like for FTC, dividends should be only "Qualified Dividends" and not ordinary dividends and taxes paid only on qualified dividends qualify for FTC!!!
  • Again, for Annuity income, looks like there is no place to add Foreign taxes paid in Turbo Tax. (I may be overlooking something)
  • At least for interest income there is a place to enter "Foreign tax paid"

Let me know your thoughts.