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UPDATED FOR TAX YEAR 2019
The entry in Box 7 of the 1099-DIV (foreign tax paid) will flow to Form 1116 - Foreign Tax Credit. This form will calculate any credit you can take for paying foreign tax on your investments.
TurboTax will calculate this credit 'behind the scenes" and the credit will appear on Schedule 3, line 1 - Foreign tax credit.
[Edited | 4/10/2020 | 8:06am PDT]
UPDATED FOR TAX YEAR 2019
The entry in Box 7 of the 1099-DIV (foreign tax paid) will flow to Form 1116 - Foreign Tax Credit. This form will calculate any credit you can take for paying foreign tax on your investments.
TurboTax will calculate this credit 'behind the scenes" and the credit will appear on Schedule 3, line 1 - Foreign tax credit.
[Edited | 4/10/2020 | 8:06am PDT]
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