TT is claiming I am eligible for the Foreign Tax Credit when I correctly entered all W2s. All income was in the US. Would stock investments trigger this?

matt2821mjn · ‎March 15, 2025

AnnetteB6 · ‎March 15, 2025

Yes, dividends paid from a foreign stock could trigger this if your Form 1099-DIV shows a foreign tax paid in box 7. There may be other triggers as well, but foreign dividends is a common one.

The following TurboTax help article will provide more information about how to claim the foreign tax credit:

Where do I enter the foreign tax credit (Form 1116) or deduction?

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TT is claiming I am eligible for the Foreign Tax Credit when I correctly entered all W2s. All income was in the US. Would stock investments trigger this?

TT is claiming I am eligible for the Foreign Tax Credit when I correctly entered all W2s. All income was in the US. Would stock investments trigger this?

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TT is claiming I am eligible for the Foreign Tax Credit when I correctly entered all W2s. All income was in the US. Would stock investments trigger this?

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TT is claiming I am eligible for the Foreign Tax Credit when I correctly entered all W2s. All income was in the US. Would stock investments trigger this?

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