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Level 1
posted Apr 8, 2024 1:35:46 PM

Foreign source qualified dividends - adjustments

I am stumped by the cryptic message that suggests that something must be done but gives no idea why or what. Concretely, after filling in details for foreign source dividends, I am presented with the form ("Based on the income you've reported so far, we need to make some adjustments to any qualified dividends or long term capital gains you received from foreign sources for this category of income", see the screenshot below). The form has two pre-filled input boxes (bottom row).

 

The numbers in these boxes can be edited but TT complains if I set them too low. What am I supposed to do here? If TT knows better what to put in there, what does it want from me? If there are some circumstances when these numbers must be changed, what are these circumstances?

 

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