You can report it under Other Income to e-file. Here are the steps:
In TurboTax online,
did you try completely deleting the EIN? don't understand why TT needs it. it is not required when efiling or filing by mail. if you imported the 1099 you'll have to delete it and enter it manually.
Unfortunately this method did not allow me to enter my foreign tax credit.
I was able to file electronically entering the information as 1099-DIV. Initially in the interview I had to enter all zeros in the FEIN field, but then during the e-file review I deleted all the zeros and left the FEIN field blank and it went through.
thank you for your reply.
initially when entering the 1099-DIV info, TT required me to enter an FEIN, so I just entered all zeros. When going through the e-file review, I then deleted the zeros and left the FEIN field blank, and it worked.
thanks.
THANK YOU! I was getting REALLY mad that TurboTax was telling me that I needed to fix those zeros, because - why PAY THEM to file for you, and present the information EXACTLY as it appears on the 1099-DIV, yet they refuse to file?? Stupid. Your response worked for me, and I appreciate it!
TurboTax Online would NOT let me use 00-0000000 EIN from my 1099DIV.
I spent over 3 hours on the phone with TT try this and that. Nothing worked including spaces. Was allowed when I used TT download previous years.
TT said I couldn’t e-file, only way to file was to print and mail Fed and state...Really??
Unacceptable!!
Try to enter all 9's and see if this worked. This has worked on other tax forms and IRS seemed to allow it. Let me know if this works.
Tried zeros, nines and spaces. Online would not permit any of them.
maybe just a flaw with Online.
There is a small box on the 1099-DIV entry screen that you have to mark to be able to see Box 7 Foreign Tax Paid. @Baffled
Again if you use ‘Other Income’ you can’t take foreign tax credit, if you use 1099DIV, you can’t use 00-00000000 as a valid EIN.
I was using TurboTax Online. Couldn’t resolve.
Yes, you can still claim a foreign tax credit if you check the right boxes under the Form 1116 section. See steps below:
In TurboTax online,
Thank you for taking the time to explain how I should try to get around an error with TurboTax Online. I have already filed my taxes.
To recap - I needed to be able to use the information on the 1099-DIV sent to me which included Qualified Dividends and Foreign tax paid.
what I need now is a way to formally complain.
TurboTax 2023 online is absolutely NOT accepting zeros or 9s for TIN/ FEIN box in 1099 form!!
Anybody found any solution on how to report foreign bank interest if you don't have TIN or FEIN
You do not need the EIN number. Enter your interest as a 1099-INT. The form only requires the name of the payer and the amount. Instructions are in that link. @sameerprabhu
TT online 2023 requires FEIN number and previously it accepted zeros if you had a foreign bank
But now it gives error in the review and doesn't allow eFile
1099-DIV requires an EIN - - but 1099-INT does not. Use the 1099-INT form...
Delete the 1099-DIV and use the 1099-INT from in TurboTax.
Thanks but I am using INT not DIV
2023 online version has FEIN field for both 1099 INT as well as DIV, and is enforcing entering a "valid" FEIN!!
Foreign bank doesn't have FEIN!
Enter it in Box 2 of a 1099-OID form. The next screen asks if you have a FEIN, say NO.
Thanks
Yes 1099 OID may be used for foreign bank interest as a workaround, i see I don't need add FEIN
But, it doesn't allow me to enter foreign tax paid in order to claim credit in 1116!
When you get the screen that gives you the option of entering your dividend income, there will be a small box to check off saying that my form has info in more than just these three boxes. Further down in Box 7, there will be an input to record the amount for the foreign taxes paid.