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dollar amount in box 1a of 1099-div from vanguard includes dividends received AND foreign tax paid (box 7)

krsbozo — Mon, 23 Feb 2026 10:49:51 GMT

Hi,

I could be confused. But my 1099-div includes all the dividends I received from an international fund. Then it also includes the $$ that appear in box 7, the foreign tax paid.

Is that correct? I pay taxes on all the dividends I received, plus the foreign tax, and then get some amount of credit that reduces my taxes.

Thank you for any help.

Re: dollar amount in box 1a of 1099-div from vanguard includes dividends received AND foreign tax paid (box 7)

Bsch4477 — Mon, 16 Jan 2023 02:17:31 GMT

Correct. You pay tax on the dividends and get credit for foreign tax paid.

Re: dollar amount in box 1a of 1099-div from vanguard includes dividends received AND foreign tax paid (box 7)

krsbozo — Mon, 16 Jan 2023 02:34:04 GMT

Thank you for the reply. Makes sense. I see that this was the case last year, but I just didn't notice. Much obliged.