turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

grisley1
New Member

How do I report a dividend payment I received from France. I received the French form 2561SUMMARY STATEMENT OF SECURITIES TRANSACTIONS AND INVESTMENT INCOME

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
ThomasM125
Expert Alumni

How do I report a dividend payment I received from France. I received the French form 2561SUMMARY STATEMENT OF SECURITIES TRANSACTIONS AND INVESTMENT INCOME

You need to convert the amount to dollars by using an average exchange rate for 2021. Enter it in the Federal section of TurboTax, then Interest and Dividends, then Dividends on 1099-DIV. Choose the I'll type it in on my own option and enter the dividend amount in box 1. If you paid any foreign tax on it, enter that in box 7.

 

Currency exchange rates

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question