Foreign Tax Credit Debacle

Forum|Forum|1 year ago
April 2, 2025
1 reply
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My complaint is similar to a lot of others posted here. I have foreign dividends from 2 financial institutions and have been doing the entries over and over again to try to get something to work. I have received dividends from 6 countries total and for Japan, I have payments from both financial institutions. I have tried at least a dozen times to get something to work with the main problem being that only one financial institution will appear instead of both so I can't make a choice for what company it came from and it's always the wrong company.. I've tried putting just one country in instead of all 6 but that doesn't work either. I try starting over again and nothing ever works. At this point, I'm totally out of ideas. Any suggestions would be appreciated. Since this is a major complaint EVERY year, you would think that TT would address the issue but that just isn't the case. I'm going to try another tax preparation software next year or maybe have a professional (other than Turbo Tax) do it. Maybe if we all quit buying it, they would do something.

Not A Product Question

Best answer by DaveF1006

You can choose "Various" from the drop-down and this should work.

DaveF1006Answer

You can choose "Various" from the drop-down and this should work.

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landragAuthor

Shortly after I posted this I tried using Various and it worked. Made a note on my tax return to do this next year. Will certainly save a lot of time and effort. Thanks for your response.