My TT is showing a $6 foreign income tax credit in the deductons section. The help says that this comes from a 1099-DIV/INT/OID or K1 that had foreign income. However, when I review my income entries, I don't see anything about any foreign income. There are two questions about Foreign income, both of which I answered "NO". Oddly, when I navigate away from the Income section where I answered the questions, they show as unanswered and I select "no" again.
Any help will be greatly apprecited.
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One of your 1099-DIV.INT/OID probably had a "foreign taxes paid" entry (e.g. Box 7 for 1099-DIV). - that tells the program you had foreign income.
The "foreign income" associated with that tax would be reported in a "supplemental information" package that came with your 1099-DIV/INT/OID.
Check the supplemental information and re-answer the questions about foreign income.
One of your 1099-DIV.INT/OID probably had a "foreign taxes paid" entry (e.g. Box 7 for 1099-DIV). - that tells the program you had foreign income.
The "foreign income" associated with that tax would be reported in a "supplemental information" package that came with your 1099-DIV/INT/OID.
Check the supplemental information and re-answer the questions about foreign income.
Thank you so very much - I see it in the 1099-DIV box 7. Thanks for detailing this out for me.
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