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vic984
New Member

Hi! Somehow a foreign tax credit of $3 was added to my return. I don't have any foreign tax credit. I can't figure out how to take this out of my tax return.

 
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Accepted Solutions
Hal_Al
Level 15

Hi! Somehow a foreign tax credit of $3 was added to my return. I don't have any foreign tax credit. I can't figure out how to take this out of my tax return.

The most likely source is box 6 on one or more of your forms 1099-Div. 

If so, you don't want to take it out. it is a common and simple credit. TurboTax takes it directly from the 1099-Div and puts in on line 48 of form 1040. 

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2 Replies
Hal_Al
Level 15

Hi! Somehow a foreign tax credit of $3 was added to my return. I don't have any foreign tax credit. I can't figure out how to take this out of my tax return.

The most likely source is box 6 on one or more of your forms 1099-Div. 

If so, you don't want to take it out. it is a common and simple credit. TurboTax takes it directly from the 1099-Div and puts in on line 48 of form 1040. 

BobB7
New Member

Hi! Somehow a foreign tax credit of $3 was added to my return. I don't have any foreign tax credit. I can't figure out how to take this out of my tax return.

Or it might show up on a K-1 if you have shares in a publicly traded partnership.

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