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Foreign Tax on Dividends

Can I get a tax credit if I use the standard deduction on foreign tax paid on stock dividends?

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2 Replies
SusanY1
Expert Alumni

Foreign Tax on Dividends

Yes, you can still take this credit even if you use the standard deduction.  After you have entered all of the income in the income section, the credit will be entered in the Deductions & Credits section of TurboTax under Estimates and Other Taxes Paid.  Click on Start beside Foreign Taxes to start this section. 

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Foreign Tax on Dividends

One heck of a lot easier than some of the other advice in this forum. Thanks for providing.

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