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posted Jun 4, 2019 7:00:57 PM

Have $7.01 in foreign tax paid from Mutual Financial- Common Share, line 7, 1099DIV. Where do I report this on 2018 1040 form?

Have 1099 Div from Manulife Financial Corp- Common Shares. Box 7 foreign tax paid $7.01. Where do I report this on 1040 raw form?

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1 Best answer
Level 9
Jun 4, 2019 7:00:58 PM

Except for unusual circumstances, TT has by default inserted the tax onto the 1040 wks. line 48. If it there, you are done with regard to foreign taxes.

1 Replies
Level 9
Jun 4, 2019 7:00:58 PM

Except for unusual circumstances, TT has by default inserted the tax onto the 1040 wks. line 48. If it there, you are done with regard to foreign taxes.