topic Re: multiple 1099-DIV's with multiple foreign countries in Deductions & credits

multiple 1099-DIV's with multiple foreign countries

wizdude — Mon, 09 Mar 2026 09:08:42 GMT

I have three 1099-Div's with a total of 10 countries plus two separate RIC listings across them. I list all the appropriate sources as requested by the Easy Step program but it will not let me enter the income for more than one (sometimes two) each time I attempt to complete the process. With each restart, I have deleted the Form 1116 to attempt a fresh start. How should I be doing this?

Re: multiple 1099-DIV's with multiple foreign countries

DaveF1006 — Sat, 05 Mar 2022 01:26:15 GMT

When you select the country in the drop-down menu, select various for the non-RIC listings. This should allow you to enter the total income and foreign taxes paid using this option since it is all dividend income. See if this works.

Re: multiple 1099-DIV's with multiple foreign countries

Sagilj — Sat, 05 Mar 2022 04:38:02 GMT

When I get past this I get excess taxes that goes toward future years but also a message that I can't file electronic ly. Is this normal? Sagilj

Re: multiple 1099-DIV's with multiple foreign countries

DaveF1006 — Wed, 09 Mar 2022 03:10:59 GMT

No. Wait until 03/10 when Form 1116, Sch B, Foreign Tax Carryover Reconciliation Schedule is available. On 03/11, you should be able to electronic file your return with no restrictions. I would wait 03/12 to electronic file just to be safe.

@Sagilj

Re: multiple 1099-DIV's with multiple foreign countries

DaveF1006 — Wed, 09 Mar 2022 03:11:05 GMT

@Sagilj

Re: multiple 1099-DIV's with multiple foreign countries

wizdude — Tue, 29 Mar 2022 17:10:55 GMT

I need a clarification. Are you saying to use "various" for all the foreign income or have two separate entries - one for "various" and one for "RIC"? I am finding the latter to be difficult to do but it could be operator error.

Re: multiple 1099-DIV's with multiple foreign countries

AmyC — Tue, 29 Mar 2022 18:47:40 GMT

It would be easiest and allowed to just use various.

You can use both RIC and Various. Enter them both on the screen Where Did you Receive Dividend Income From? Then the program will ask you about each one so you can enter the income and taxes related to each category. The program doesn't like to use both for one 1099-DIV. It wants one per choice so various is the only real solution when you have both on one form.