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tan61076
New Member

Where should I enter a foreign qualified dividend in 2018 TurboTax Premier?

This income is from a foreign corporation in which I have a small (less than 10%) ownership position.  A tax tax lawyer has advised that it should be treated as a qualified dividend.  

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Anita01
New Member

Where should I enter a foreign qualified dividend in 2018 TurboTax Premier?

If you don't wan to work directly in Forms mode, and assuming you paid no foreign tax on these dividends, just enter 1099-DIV in the Find box on the upper right of the screen, 

hit Enter

then the Jump To that appears.  

You'll enter it just as though you received a 1099-DIV.  The IRS doesn't care, we just show the form for your convenience.  Enter the amount in both 1a and 1b.  Qualified Dividends can only be a portion, up to 100%, of regular dividends, so you need both boxes.  Enter the Company name in Received From.  Enter the numbers in US dollars, of course, using the pay date to convert.

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1 Reply
Anita01
New Member

Where should I enter a foreign qualified dividend in 2018 TurboTax Premier?

If you don't wan to work directly in Forms mode, and assuming you paid no foreign tax on these dividends, just enter 1099-DIV in the Find box on the upper right of the screen, 

hit Enter

then the Jump To that appears.  

You'll enter it just as though you received a 1099-DIV.  The IRS doesn't care, we just show the form for your convenience.  Enter the amount in both 1a and 1b.  Qualified Dividends can only be a portion, up to 100%, of regular dividends, so you need both boxes.  Enter the Company name in Received From.  Enter the numbers in US dollars, of course, using the pay date to convert.

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