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Level 3
posted May 14, 2021 11:01:58 AM

Rejected Return - help decode message.

My return was rejected with the following note:

/Return/ReturnData/IRS1116/ForeignTaxCreditSource/USTaxWithheldOnDividendAmt - Data in the return is missing or invalid.

We are just talking about foreign dividends from 2 US mutual funds off the same 1099 so I added the dividends and made a single entry identified as RIC and to the 2nd part, I don't have withholdings done specific to dividends?'

Any ideas on what is amiss?

0 2 466
2 Replies
Level 15
May 14, 2021 11:52:42 AM

when you use RIC the completion of form 1116 is required

Level 3
May 14, 2021 12:07:26 PM

Thanks, yes I did fill out form 1116.  My FTC exceeds $600.  Any other ideas?