@TaxPlethora ,
(a) first , the Box 1a heading on the form 1099-DIV has a problem ( IMHO) -- it says "Total Ordinary Dividends ". It should say "Total Dividends " . I say this because Box 1b amount is a subset of Box 1a i.e. of the total dividend income reported in Box 1a, the amount reported in Box 1b is qualified dividend.
(b) I am not sure I understand your issue ( and/or why Turbo is complaining ). What I would expect ( for example :(
Box 1a ---- 1000, of which 1000* .95 = 950 is foreign source ( Total ) dividend income
Box 1b ---- 1000 ( all dividend is qualified ) of which 1000 * .80 = 800 is foreign qualified dividend.
To me this implies World dividend income is $1000 ----- Foreign Source dividend income (RIC ) is $950
World Qualified Dividend is $1000 ----- Foreign Source Qualified income is $800
---------------Foreign Taxes paid ( RIC) ------ amount in Box 7
Am I missing something here ? If I am, tell me more , please.
