855139
You'll need to sign in or create an account to connect with an expert.
Foreign taxes paid are entered on Form 1116.
Enter foreign tax paid in the Search box located in the upper right of the program screen. Click on the Magnifying Glass. Click on Jump to foreign tax paid
The income was reported on a 1099-DIV that came from their US HQ. Bock 7 shows foreign tax paid. It was a small amount.
Here are the steps to entering foreign tax paid for the Foreign Tax Credit:
I am attaching the TurboTax Help Article on this, as it includes additional details: Entering Foreign Taxes Paid in TurboTax
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Cindy10
Level 1
lmw91881
New Member
girishapte
Level 3
SeaLady321
Level 3
tkrmnlv11
New Member