Solved: I received 2016 Foreign Tax Paid from Vanguard. how do I report this foreign tax paid and foreign income using turbo tax?
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I received 2016 Foreign Tax Paid from Vanguard. how do I report this foreign tax paid and foreign income using turbo tax?

 
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I received 2016 Foreign Tax Paid from Vanguard. how do I report this foreign tax paid and foreign income using turbo tax?

You should have a Form 1099-DIV (or 1099-INT) from Vanguard for foreign income and taxes paid. information on foreign taxes paid is entered in the Interest and Dividends interview under Wages and Income.

On a Form 1099-DIV, the foreign income amounts are included in the Box 1 and 2 amounts. Details on the foreign income amount are usually provided in Supplementary Information. Foreign taxes paid are shown in box 6 of 1099-DIV. 

In the Interest and Dividends interview, you have to check the box "My form has info in more than just these boxes" (see the attached screenshot as an example)

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New Member

I received 2016 Foreign Tax Paid from Vanguard. how do I report this foreign tax paid and foreign income using turbo tax?

You should have a Form 1099-DIV (or 1099-INT) from Vanguard for foreign income and taxes paid. information on foreign taxes paid is entered in the Interest and Dividends interview under Wages and Income.

On a Form 1099-DIV, the foreign income amounts are included in the Box 1 and 2 amounts. Details on the foreign income amount are usually provided in Supplementary Information. Foreign taxes paid are shown in box 6 of 1099-DIV. 

In the Interest and Dividends interview, you have to check the box "My form has info in more than just these boxes" (see the attached screenshot as an example)

View solution in original post

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