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Deductions & credits
Thank you for the info! However, the problem is slightly different: each one of my 1099s if imported in isolation works just fine and nothing gets flagged with the foreign tax credit. The issue appears ONLY when importing both 1099s (the order does not matter) - in this case it seems Turbotax is confused and assigns the foreign income on the second 1099 only to some fictitious 1099 that it believes has $0.0 in dividends. That is what the error on the foreign income seems to imply: "should not be larger than the dividends and capital gains reported on this Form 1099-DIV ($0.00)""
‎February 10, 2026
9:01 AM