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Level 1
posted Jun 4, 2019 2:57:00 PM

Can I split a form 1099?

I have a 1099 from a US Broker showing interest received from different sources (US and Foreign Sources). Can I break down that 1099 in two (or more) to account for Foreign Interest Income in order to link it to form 1116 ?

0 1 1298
1 Best answer
Level 9
Jun 4, 2019 2:57:02 PM

You don't link it. During the interview, you insert into the screen the amount of foreign source income. TT will see the tax withheld in box 6.

1 Replies
Level 9
Jun 4, 2019 2:57:02 PM

You don't link it. During the interview, you insert into the screen the amount of foreign source income. TT will see the tax withheld in box 6.