Issue With Foreign Source Qualified Dividends Page

Forum|Forum|3 years ago
March 27, 2023
2 replies
16 views

With respect to my foreign source dividends I received in the amount X from Canada, 100% are qualified dividends. In response to the question "Any foreign source qualified dividends or capital gains?" I have inserted X for the amount of foreign sourced qualified dividends. The software will not let me continue. Instead, I get an error message in red that says "This field should be at least X." But X is exactly what I entered. Any suggestions for how to get past this page in TurboTax Premier?

Thanks

SK101

Level 2

I have the same problem. I received X dividend amount from Switzerland, 100% are qualified dividends. I have entered X amount for the question "Any foreign source qualified dividends or capital gains?". The software will not let me continue. Instead, I get an error message in red - "This field should be at least X." I am using TurboTax Premier. Any suggestions. Thank you

ThomasM125

Level 15

The foreign sourced dividends should be entered initially on a Form 1099-DIV entry. Then, you go to the Foreign Taxes section under Deductions and Credits in TurboTax to see if you can get a credit for the foreign taxes. I am thinking you may be trying to enter the foreign dividends in the foreign taxes section but skipping the Form 1099-DIV entry. Here is how you make the Form 1099-DIV entry: