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Level 5
April 6, 2023
Question

Foreign Source Income

  • April 6, 2023
  • 2 replies
  • 3 views

There are stocks which have involved my paying tax to a foreign country. How do I determine the foreign source income from those dividends? 

2 replies

Level 2
April 6, 2023

The software can import my Fidelity tax forms.  The foreign taxes paid will be used to deduct from dividends.  

Level 15
April 6, 2023

The foreign source income would be the dividend income that is associated with the foreign taxes that were paid.

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