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New Member
posted Apr 8, 2024 6:15:10 PM

Why is turbotax forcing me to take a $5 foreign tax credit?

this would require me upgrading to "turbotax premium" or whatever so i can fill out a form 1116. I don't think I need this. I don't think I paid any foreign taxes.

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1 Replies
Expert Alumni
Apr 14, 2024 12:00:16 PM

Did you report an IRS form 1099-DIV?  Box 7 reports Foreign tax paid and could trigger use of the Foreign Tax Credit.