topic Enter Total or Qualified Foreign Source Income trust tax return in Get your taxes done using TurboTax

Enter Total or Qualified Foreign Source Income trust tax return

whanig — Wed, 15 Apr 2020 21:39:04 GMT

I'm completing a 1041 for a trust. TurboTax Business 2019 prompts for entry of Foreign Dividends Received. My TDAmeritrade Combined 1099 lists both Total Foreign Source Income and Qualified Foreign Source Income. Which value (Total or Qualified) do I enter?

Re: Enter Total or Qualified Foreign Source Income trust tax return

Anonymous_ — Wed, 15 Apr 2020 22:27:27 GMT

TDA should have included instructions with your 1099-B. See if the information at the link below has any utility.

https://www.troweprice.com/personal-investing/planning-and-research/tax-planning/prepare-your-taxes/fund-specific-tax-and-reclassification-info/tax-reporting-for-foreign-taxes-paid.html