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Dividends from ? Foreign companies Mutual Fund MFS Global

Greetings,

I received about $5,000 in dividends listed on my

Schwab 1099 Composite "not reported to the IRS"

on the "Foreign Tax Paid and Income Summary" page 

However on the same page 

There was $46.98 "Foreign Taxes Paid"

and this was listed on the 1099, and reported to the IRS

in the Dividends + Distributions section Line 7 

and was reported to the IRS

 

Does this $5,000 need to be reported to the IRS ?

 

Thanks, Tom

 

 

 

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1 Reply

Dividends from ? Foreign companies Mutual Fund MFS Global

The Year End Summary is only informational to assist in tax preparation. The dividends and the foreign tax paid are provided to the IRS on the "TAX YEAR 2023 FORM 1099 COMPOSITE."

 

 

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