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New Member
posted Mar 27, 2023 10:22:42 AM

Issue With Foreign Source Qualified Dividends Page

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 

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2 Replies
New Member
Mar 27, 2023 11:36:44 PM

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

Expert Alumni
Mar 31, 2023 9:50:24 AM

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:

 

  1. Choose the Federal option on your left menu bar
  2. Choose Wages & Income
  3. Look for Interest and Dividends
  4. Choose Dividends on Form 1099-DIV