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New Member
posted Mar 27, 2021 8:15:25 PM

TurboTax asks "Any foreign source qualified dividends or long term capital gains?" How can I compute that number from my form 1099-DIV?

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2 Replies
Level 9
Mar 28, 2021 5:14:59 AM

That info is derived from the "Statement of Additional Information" you either received in the mail or downloaded from the issuer's website.

Expert Alumni
Mar 30, 2021 4:14:03 PM

Often, if you had foreign source dividends, you would have an entry in box 7 and/or 8 on your form 1099-DIV, Foreign tax paid and Foreign country or US possession.