I am wanting to use Form 1116 to report foreign taxes paid on several stocks. Thus, I need to fill in the foreign source income amount on the worksheet. My brokerage 1099 only includes the tax paid. How do I determine the foreign source amount from the dividends of each company?
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There is usually a page included in the Consolidated 1099 package that provides supplemental information about the source of foreign dividend income. If you did not receive such a statement, contact your brokerage and ask them to provide that information to you.
There is usually a page included in the Consolidated 1099 package that provides supplemental information about the source of foreign dividend income. If you did not receive such a statement, contact your brokerage and ask them to provide that information to you.
On my supplemental page it shows three different percentages I'm not sure which is the one to use to calculate the actual percentage AB dividend that are actually foreign
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