TT says I need to enter 'Foreign source amount included in dividends' in Schedule B-Form 1099-DIV box 6d....American Funds doesn't provide box 6d. What do I put here?

[travisg]

Shouldn't we NOT be deleting the foreign taxes paid in box 6 since it's being reported to the IRS?  I chose to take the credit ($11 in my case)

[travisg]

I would assume that we would look at our 1099DIV summary form and look for the amount of "Foreign dividends."  My form shows Foreign Dividends of $39.37 and foreign tax paid on dividends of $10.74.  The $10.74 is showing up in Box 6 correctly, so I figured I should put the $39.37 for "Foreign source amount included in dividends"  Correct me if I'm wrong?

[rogge1722]

That's fine. As long as 6d is not vacant, it will work.

[travisg]

Hey rogge1722, I'm wondering why you are suggesting for people to delete foreign taxes paid in box 6.  I wasn't sure if that is allowed/supposed to be removed because I'm doing a credit later?

[rogge1722]

Where did I suggest to delete box 6?

[travisg]

Sorry I misread.  You suggest to put a zero in box 6d.  Should users be putting in the foreign dividend amount there or zero?

[rogge1722]

Either will do. All box 6d needs is not be vacant. Any entry will do and a zero is the easiest.

[Pedro]

So, this workaround gets TT to stop issuing an error. But it's not clear that the final tax return forms accurately reflect the situation.  Is a software patch being released to fix this error?

[gwviar]

I am having the same problem as everyone else with the “the foreign source amount included in dividends.” This problem only comes up when TT does the state tax review and it will ask for the foreign source amount in 6d, I did enter zero and the problem was solved but is this really the correct fix? I would like to calculate the the foreign source amount but from all the googling I've done on the subject I'm still confused.

[rogge1722]

This is how it works. If you filled out f1116, there is a screen asking for foreign sourced income. When you type in an amount, it is sent to the 1099-div box 6d.  From there, it is copied to the f1116 worksheet. From there it is copied to f1116 itself. Now since there is no f1116 and no f1116 worksheet, it is useless. Thus you could type in box 6d any amount and it will go nowhere. It was properly vacant in TY 2016 and earlier.

[Pedro]

I really appreciate the answer and subsequent explanations provided by Rogge.  This is a huge help!

I would of course still expect a bug fix for TT to correct this issue.  Do TT quality assurance employees read these threads, or is there a better place to report errors like this?

[raeraerae]

me too.. thanks rogge1722... I was so lost...