How do you determine the portion of Dividends that are foreign source of an ADR stock?
Foreign taxes were paid for a couple of different ADR stocks. How do I answer the question about the amount of foreign source income.
The stocks are CAJ, SNE and NVS
02958
2 Replies
KittyM
Level 2
Jun 3, 2019 1:22:28 PM
The foreign source income upon which you paid foreign tax should be listed in the dividend details of your Brokerage 1099-B.
Sandy07879
Returning Member
Feb 17, 2020 2:12:48 PM
Yes, foreign source income should be on your statement for 2019 Foreign Tax Paid. I also called the company to verify it. Mine was in a mutual fund, so there is a box that needs to be checked to indicate that.