I only am asked to enter 'Foreign Income' which I have done. But I think "QDI eligible foreign income" is also relevant and is on the tax document my broker sent me
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Foreign source income is the sum of unqualified dividends, qualified dividends and capital gains. TT will ask for qualified dividends(QDI) only if the following holds:
- You have foreign qualifying dividends or long-term capital gains totaling more that $20,000, OR
- Your total income exceeds the following amount for your filing status:
- Married Filing Joint or Qualifying Widow(er): $223,050
- Single: $183,250
- Head of Household: $203,150
- Married Filing Separate: $111,525
Where does QDI income entered.
- You have foreign qualifying dividends or long-term capital gains totaling more that $20,000, OR
- Your total income exceeds the following amount for your filing status:
- Married Filing Joint or Qualifying Widow(er): $223,050
- Single: $183,250
- Head of Household: $203,150
- Married Filing Separate: $111,525
If you fall within the parameters listed about and you have indicated you paid foreign tax, this will be reported when you claim your foreign tax credit.
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