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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.
‎July 25, 2024
8:44 AM