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rbost528
New Member

Can u help how to put foreign taxes and answere the ? what part of dividend the taxes are?

 
1 Reply
SeanE1
New Member

Can u help how to put foreign taxes and answere the ? what part of dividend the taxes are?

If you have foreign dividends and paid foreign taxes on those dividends follow these steps:

How To Enter Foreign Interest and Dividends

• Open your tax return in Turbotax

• Select the Federal Taxes tab at the top of your screen

• Select Wages & Income

• Click I'll choose what I work on

• Scroll down the page to the section titled Interest and Dividends and select Show More

• Select Start to the right of 1099-OID, Foreign Accounts

• Go through this section and enter the income that you earned in the foreign accounts.

 

How to Enter Foreign Taxes:

• Open your tax return in Turbotax

• Select the Federal Taxes tab at the top of your screen

• Select Deductions and Credits

• Click I'll choose what I work on

• Scroll down the page to the section titled Estimates and Other Taxes Paid and click Show More

• Scroll down to Foreign Taxes and click Start/Revisit to the right

• Go through this section and enter the foreign taxes that you paid.

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