Which value do I use for Foreign-Source Income?
I'm using fake numbers here.
My 1099-DIV has:
Total Ordinary Dividends.....190
Foreign Tax Paid.....20
Foreign Country or U.S. Possession.....Various
In the Supplemental Information Section for Foreign Income and Taxes Summary, it has:
Non-qualified Dividends.....16
Qualified Dividends.....11
Total Foreign Income.....27
Foreign Tax Paid.....20
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The interview will ask for the total foreign income (27). Later a screen may ask for the qualified dividends. (11).
The interview will ask for the total foreign income (27). Later a screen may ask for the qualified dividends. (11).
Thank you very much for your quick response.
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