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foreign tax and what portion from dividend

In regards to  foreign taxes paid, do I use the total ordinary dividends (1a) or qualified dividends (1b) for portion of dividends and distribution from a foreign country?

 

From Turbotax:  "Now enter the portion of the $_____ dividends and distributions that was from a foregn country."

 

 

 

steve

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2 Replies
KarenL
Expert Alumni

foreign tax and what portion from dividend

You should have supplemental pages to your 1099-DIV that will tell you which dividends, and the dollar amount, came form foreign sources (and for which foreign taxes were paid). It would usually be a portion of the dividends that are from the foreign country.   If you don't have those supplemental pages, you will want to contact your financial advisor or the financial institution where those investments are held. 

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foreign tax and what portion from dividend

Karen,

 

Thank you for your reply.  From the "details of 1099-Div transactions" I see the rows that includes the following columns:  1a, div distributions, short term cap gains, 1b, 5, 11, 12 and 7 (foreign tax paid). 

 

What I am not sure is do I add up the total ordinary dividends (1a ) or the qualified dividends (1b) for when a foreign tax was paid. 

 

thank you,

Steve 

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