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My 1099 lists "various" as the country under foreign tax paid. How would I handle this on Form 1116, Foreign Tax Credit. I don't see an option for various.

Should I just leave the country name blank?

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6 Replies
MinhT
Expert Alumni

My 1099 lists "various" as the country under foreign tax paid. How would I handle this on Form 1116, Foreign Tax Credit. I don't see an option for various.

In TurboTax, while entering the foreign tax credit, the option 'Various' does exist (see attached screenshot).

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My 1099 lists "various" as the country under foreign tax paid. How would I handle this on Form 1116, Foreign Tax Credit. I don't see an option for various.

Thank you. How does this reflect on  the actual form?
MinhT
Expert Alumni

My 1099 lists "various" as the country under foreign tax paid. How would I handle this on Form 1116, Foreign Tax Credit. I don't see an option for various.

On form 1116, it will be reported on the very first line of Part I - Enter the name of the foreign country or U.S.
possession .
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My 1099 lists "various" as the country under foreign tax paid. How would I handle this on Form 1116, Foreign Tax Credit. I don't see an option for various.

You mean enter "various" on the name of foreign country line?
MinhT
Expert Alumni

My 1099 lists "various" as the country under foreign tax paid. How would I handle this on Form 1116, Foreign Tax Credit. I don't see an option for various.

TurboTax will populate form 1116 for you. Yes you can enter Various for the name of the foreign country.
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My 1099 lists "various" as the country under foreign tax paid. How would I handle this on Form 1116, Foreign Tax Credit. I don't see an option for various.

I see. Thank you.
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