Question

Claim foreign tax credit on taxes paid for dividends

Forum|Forum|6 years ago
April 28, 2020
1 reply
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I already listed all dividends on 1099-Div. (via Easy Step). Trying to get the credit, Turbo Tax asks "Where did you receive dividend income from?" and then "select all countries to which you paid foreign tax on dividends reporting on form 1099-Div. The problem is that the drop-down menu only allows for a maximum of 4 countries but I have more than that.

Thoughts?

Not A Product Question

SusanY1

You can select the option "Various" for the countries for your fourth choice (or for any choice) or you may also choose "RIC" if the dividends are from a mutual fund, ETF, or other pooled investment.

Depending on the version of your program Various and RIC can be at the top or the bottom of the drop-down list.

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