Foreign dividend income - qualified dividend portion

laura_borealis · ‎February 19, 2026

I have never reported the qualified dividend portion on my foreign income as an adjustment to the total income, only having discovered how to do that now. Can I choose to not report it, since it is in my favor? Does the IRS really care about it? Can I start reporting it now on my 2025 return, never having reported it previously?

DaveF1006

This adjustment isn’t optional, but you may be exempt from reporting this adjustment.You are exempt from making this adjustment if you meet both of these:

Your total foreign qualified dividends + foreign capital gains are less than $20,000.
Your taxable income are below these thresholds.

Married Filing Jointly $396,250
Single/Head of Household $198,125
Marrid Filing Separately $198,125

If those two conditions are not met, you will need to start reporting these. If you ignored these in the past, you need to amend your returns to include this adjustment

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