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Level 3
posted Mar 4, 2023 12:33:18 PM

schedule B form 1099 div: Foreign source amt included in dividend

Using TT Deluxe desktop.

Downloaded transactions from broker.

 

I get an error at the end of the Fed smart check. It concerns:

 

schedule B form 1099 div. Asks for
  'Foreign source amount included in dividend'

 

Where do I find this?

Thanks

0 3 704
2 Best answers
Level 9
Mar 4, 2023 3:06:57 PM

The foreign source amount of box 1a, the worldwide ordinary dividends and the foreign source amount of box 1b, the worldwide qualified dividends is disclosed in the payer's supplemental information. It may be expressed as a dollar amount or as a percentage of box 1a or box 1b.

Level 3
Mar 5, 2023 7:53:40 AM

Found it! It was further down in the paper packet.

Thank you.

 

TurboTax should have found it automatically in the broker downloaded data!

3 Replies
Level 9
Mar 4, 2023 3:06:57 PM

The foreign source amount of box 1a, the worldwide ordinary dividends and the foreign source amount of box 1b, the worldwide qualified dividends is disclosed in the payer's supplemental information. It may be expressed as a dollar amount or as a percentage of box 1a or box 1b.

Level 3
Mar 5, 2023 6:47:36 AM

Thank you for helping. I feel so stupid but I still can't figure it out.

Here's the missing info (box 7d)

Here's my anonymized 1099.

What do I enter in TT  box 7d?

Thank you very much.

 

Level 3
Mar 5, 2023 7:53:40 AM

Found it! It was further down in the paper packet.

Thank you.

 

TurboTax should have found it automatically in the broker downloaded data!