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Investors & landlords
I think TurboTax fetches the wrong field such that the Foreign tax paid in Box-7 becomes negative in 1099-DIV (e.g. from Apex Clearing). It is negative in the section titled "Dividends and Distributions - Details of Form 1099-DIV" but positive in Tax Reporting Statement on page 1. So I believe TurboTax should correct it soon in case of confusion.
March 19, 2023
1:37 AM
3,772 Views