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DawnC
Employee
April 14, 2023

If you are filing for a foreign tax credit, you can indicate the country when you complete form 1116 in TurboTax.   If you have an entry in box 7 of your 1099-DIV, you might not have to do anything about it.   But you'll have to visit the Foreign Tax Credits section under Deductions and Credits only if you:

 

- are not Married Filing Joint and have more than $300 of foreign taxes withheld, or,
- are Married Filing Joint and have more than $600 of foreign taxes withheld.

 

How to visit the Foreign Tax Credit section

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