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Deductions & credits
@DaveF1006 The OP doesn't mention whether the dividends are qualified or not, but under various tax treaties, many foreign dividends are considered qualified, and therefore eligible for a lower tax rate. If you report qualified dividends under "Other Taxable Income" won't you miss out on that tax savings?
See this link for more info about how foreign dividends become qualified by tax treaties: https://www.irs.gov/pub/irs-drop/n-24-11.pdf
The list of countries in that document would include most of the world's biggest banks, so it may be applicable in the OP's situation.
‎February 24, 2026
4:16 PM