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February 24, 2020
Question

Can you tell me how to transfer the $48 foreign taxes paid from my 1099 misc to the foreign tax credit. I am unable to highlight it and it won’t give me the credit

  • February 24, 2020
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February 24, 2020

on the 1099-div form there is a foreign tax credit section - enter there.    note if your FTC is less than $300, you do not need to file form 1116.  it can be suppressed.   if so, do not link to 1116 form