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I have entered foreign taxes paid from a mutual fund, TurboTax is asking for the Foreign Dividend Received, how do I calculate this ?

 
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2 Replies
AnnetteB6
Expert Alumni

I have entered foreign taxes paid from a mutual fund, TurboTax is asking for the Foreign Dividend Received, how do I calculate this ?

Your year-end statement from your brokerage should include a breakdown of income earned from your various mutual funds or holdings.  Use that statement to determine what portion of your total dividends was attributed to the mutual fund that required foreign taxes to be paid.

 

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I have entered foreign taxes paid from a mutual fund, TurboTax is asking for the Foreign Dividend Received, how do I calculate this ?

AnnetteB6

 

Thank you for the information. I see the information in my consolidated report but my question is which number is reported.  Is the number reported the "total ordinary dividends", "dividend distribution"  or is it  the "qualified dividends".  The total ordinary dividend is the sum of the dividend distribution + qualified dividend.

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