Do deductions in "Amounts Related to Foreign Financial Assets" include taxes I paid from my interest and dividends to the foreign country?

[SabrinaD2]

The "Amounts Related to Foreign Financial Assets" deductions typically do not include taxes paid to a foreign country on interest and dividends. However, there is a possibility that you can receive a foreign tax credit or deduction for these taxes.

For more detailed information, you can refer to the IRS guide on Form 8938

[SabrinaD2]

The "Amounts Related to Foreign Financial Assets" deductions typically do not include taxes paid to a foreign country on interest and dividends. However, there is a possibility that you can receive a foreign tax credit or deduction for these taxes.

For more detailed information, you can refer to the IRS guide on Form 8938