I'm trying to take the Foreign Tax credit for taxes reported on a 1099-DIV and a K-1. It is all passive (dividend) income. As mutual fund income, its all reported under country RIC. I get to a screen in the interview for the FTC that asks if the income includes any foreign source qualified dividends. The screen provides the total foreign income for this category (based on the information provided in the 1099-DIV and K-1 sections. It then asks for the amount of foreign qualified dividends and LT capital gains. When I enter the total for qualified dividends (as provided in the 1099-DIV brokerage reports, I get the message that "This field should be at least $xx dollars" with a figure higher than the sum of the qualified dividends that were reported. Why, and how do I fix? On the Form 1116 worksheet, the dollar figure gets entered in Part I line h (Qual. Dividends and LT Capital Gains) and gets highlighted as an error. What determines what that number "should" be? Am I entering the wrong figures?
