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aptiva4tt17
Returning Member

Form 1116 Comp Wks

In Part I, Line g-1-g (Ordinary Income) and g-1-h (Qualified Div and LTCG):  The numbers come from the 1099-DIV forms that I filled out through Step-by-Step process ("SBS"). 

 

Some numbers ended up on the Ordinary Income line on Form 1116 Comp Worksheet; whereas some numbers appear on the Qualified Dive... line.  There is nothing in the SBS to indicate whether the Foreign Income is Ordinary or QDI.  So how does TurboTax determine which line to put it on in the Comp Worksheet?

 

All dividends should be QDI.  How do I correct it?  [I don't know whether the correction will reduce or increase the allowed Foreign Tax Credit.]

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