TT is showing this error: Form 1099-DIV: Foreign Source amount must be entered. How do I fix this error? Total Foreign Tax paid is less than $20.
You'll need to sign in or create an account to connect with an expert.
I did find a number on 1099-DIV from my brokerage firm that TT was looking for. Now the new error is: "Schedule B --Form 1099-DIV (my fin inst name): Box 7 column should have a value for (my fin Inst name). asking to choose Form 1116 col A, col B or col C."
How do I fix this error? My tot Foreign Tax Paid is less than $20.
HELP!
The value in box 7 would be the foreign tax paid. If it is looking for a source for the foreign income, it would either be Mutual Fund/Regulated investment company (RIC) or "Other Source." If you choose "Other Source" you need to specify what country it came from.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
aaronsheffy
New Member
lsgaither
New Member
mbar4104
New Member
jkm90045
New Member
jpchanez
New Member