Tag: 'foreign tax credit'
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From TurboTax
Where do I enter the foreign tax credit (Form 1116) or deduction?
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From TurboTax
What qualifies for the Foreign Tax Credit?
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From TurboTax
Why doesn't the foreign tax credit show up on Line 48 of my 1040?
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From the community
I paid less than a dollar in foreign taxes on 1099-DIV. I am given the option to skip the credit, but it is still showing as a $1.00 credit requiring me to file a 1040.
For 2017, I had a small brokerage account with Vanguard - and paid less than a dollar in foreign tax,...
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From the community
1099-Div Worksheet box 6d, Foreign source amount included in dividend, what should I include to claim credit for foreign taxes paid
I have a 1099-div issued by Allergan plc, which is an Irish company, i.e., foreign. I paid $0.56 in...
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From the community
Issues with Form 1116 Foreign Tax Credit
I have a few 1099-DIV with foreign tax paid (a number of different countries) as well as K-1 where box 16...
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From the community
I paid foreign taxes in 2016 but not in 2017, and I have foreign tax credit carried forward from 2016.Do I show the foreign taxes paid in 2016 in Part 2 of my 2017 1116?
I am unsure whether to include in part 2 of my 1116 form for my 2017 tax return, that I paid foreign taxes...
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From the community
I moved back to the US in 2016. I have a foreign tax credit carryover. In 2017, I worked for a month in the same country. Do I enter my 2017 W-2 as foreign income?
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From the community
If I live permanently in New York but worked abroad for a foreign company for ten weeks, where do I report that income? Can I deduct out-of-town expenses from this job?
The majority of the year, I live and work in New York. But I worked a contract in Hong Kong for a Hong...
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From the community
Qualified Dividend or not?
My wife is a US Citizen but originally from Thailand. She has many investments there and we are trying to...