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New Member
posted Jun 4, 2019 2:33:00 PM

Am I required to report foreign source income that was received as dividends from ADR (American Depositary Receipt); if so where do I enter the information?

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1 Best answer
Level 9
Jun 4, 2019 2:33:02 PM

If you have foreign tax withheld and you don't qualify for the exemption and have to fill out form 1116 for foreign tax credit, TT will ask for the foreign source income during the interview. Other than that there is no requirement to report ADR dividends.

1 Replies
Level 9
Jun 4, 2019 2:33:02 PM

If you have foreign tax withheld and you don't qualify for the exemption and have to fill out form 1116 for foreign tax credit, TT will ask for the foreign source income during the interview. Other than that there is no requirement to report ADR dividends.