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New Member
posted Jun 1, 2019 8:39:08 AM

My 1099-DIV has foreign tax paid in Box 7 and Box 8 is various. Transaction details do not indicate a country. Can I claim tax credit if no country identified?

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3 Replies
Level 1
Jun 1, 2019 8:39:10 AM

Yes you just identify the country as "Various" just the same as box 8.  You should get the full credit.

New Member
Feb 28, 2020 9:30:05 AM

Running into a related problem w/  TY 2019 filing. Turbo Tax won't accept "various" in Box 8 (country) tho that is what my Broker indicated on my Supplemental Tax Statement.  Turbo won't let me file electronically because of it.  What did I do wrong?  Thanks for any assistance!  Mary

Expert Alumni
Feb 28, 2020 11:37:53 AM

In the section where you enter the 1099-DIV, a couple of screens after the "numbers boxes", you get a question to "Tell us about your foreign dividends".  On that screen you enter the amount of foreign dividends received, and designate whether they are from a "Mutual Fund/Regulated Investment Company (RIC)" or instead from an "Other source".  If you select "Other source", you get a box 8 drop-down and the fourth item on that drop-down list is Various.  Note that if the dividends were from a mutual fund or RIC, you don't have to enter a country.

 

If that doesn't work because of the need to file Form 1116 and populate a specific country, the details of your dividends transactions for the year should show the source country for each dividend that incurred foreign taxes.