bvivers
New Member

Canadian Stock acquired through company buyout of mutual Life insurance. 1099-DIV is from a Trust in NJ. Do I need to upgrade or can I file with the free version?

No FIT is withheld, but the equivalent of $29 US dollars in taxes to Canada were paid.  Turbo tax help explained that if the Trust is US based, this is not considered a foreign account. Yet Turbo Tax will not let me file unless I upgrade.