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Deductions & credits
Foreign dividends are usually not broken down separately on the 1099 DIV. The answer is usually disclosed in a supplemental disclosure form that came with your 1099-DIV and Schedule B.
When you report your 1099 DIV and report that a Foreign Tax was paid in Box 7, there will be follow-up screens that ask "Tell us about your foreign dividends," You must enter the amount of Foreign Source Income found in your Schwab supplemental forms.The forms may list a dollar amount or a percentage. If it is a percentage, you must multiply the percentage by the total ordinary dividends to arrive at a dollar amount to report.
When you prepare the section to claim your foreign tax credit, the information will be there when you link the country and select the 1099 DIV where the foreign income is reported.
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