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schedule B - form 1099-DIV BOX 7 (foreign tax paid) is not between prescribed upper and lower limits

i have 0.34 USD reported on my 1099-DIV as foregin tax paid (box 7). I did went through the processand everything was fine however during the smart check it is stating that this value (-0.34) is not between prescribed upper and lower limit.

when i started doing corrections it seems that value needs to be above 0.00....should i just change it from -0.34 to 0.34?

thanks

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1 Reply

schedule B - form 1099-DIV BOX 7 (foreign tax paid) is not between prescribed upper and lower limits

The IRS rounds values. Since .34 rounds to zero don’t report it. 

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