Foreign tax paid but without 1099-DIV from foreign brokerage

[jfzhang8866]

Hi,

I live in US and file US tax return, I have some company RSU stock sales which is listed on foreign exchange, so I paid foreign tax on my sales by foreign bank. I have no 1099-DIV for the foreign tax paid, How can I enter in turbo tax to claim the foreign tax credit? Turbox only pops up screen for foreign income reported on 1099-DIV, 1099-INT, and K-1 

thanks

JF

[rjs]

In the Search box type "foreign tax credit" (without the quotes), then click the link that says "Jump to foreign tax credit" and go through the screens. When it asks for the type of income select "Passive income." You will be able to enter the amount of income and the amount of foreign tax that you paid.

If you need further help with how to enter something, tell us whether you are using TurboTax Online or the CD/Download TurboTax software.

[jfzhang8866]

thanks for help.

I am using home & biz Turbox Tax Mac desktop version.

In Turbox tax, I type Foreign tax credit. it came up virtual assistant, and it has no jump to foreign tax credit link

[DoninGA]

@jfzhang8866 

To enter Foreign taxes paid -

Click on Federal Taxes (Personal using Home and Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Estimates and Other Taxes Paid
On Foreign Taxes, click on the start or update button

[jfzhang8866]

yes, I did exactly, it keep asking me to select a 1099-DIV for income source, then it go back to main screen since I don't have 1099-DIV for the foreign source income.

what else I can do?

[rjs]

You must have answered a question incorrectly. Your original question above says you had "RSU stock sales," not dividends. You must have entered something that made TurboTax think you had foreign dividend income. Go through the interview again. Read the questions very carefully, and make sure you answer each question accurately.

On the Foreign Tax Credit Summary screen, try deleting all of the entries listed, then start the foreign tax credit section over from scratch.

At exactly what point does it ask you to select a 1099-DIV? What is the exact wording of the question or instruction? Can you post a screen shot? (Exclude any personal information. This is a public web site.)