Deductions & credits

Foreign source income is the sum of unqualified dividends, qualified dividends and capital gains. TT wil ask for the amount of QDI (qualified dividends) only if the following holds:


- You have foreign qualifying dividends or long-term capital gains totaling more that $20,000, OR
- Your total income exceeds the following amount for your filing status:
  - Married Filing Joint or Qualifying Widow(er): $223,050
  - Single: $183,250
  - Head of Household: $203,150
  - Married Filing Separate: $111,525



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