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Have $7.01 in foreign tax paid from Mutual Financial- Common Share, line 7, 1099DIV. Where do I report this on 2018 1040 form?

Forum|Forum|7 years ago
June 5, 2019
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Have 1099 Div from Manulife Financial Corp- Common Shares. Box 7 foreign tax paid $7.01. Where do I report this on 1040 raw form?

Best answer by rogge1722

Except for unusual circumstances, TT has by default inserted the tax onto the 1040 wks. line 48. If it there, you are done with regard to foreign taxes.

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rogge1722Answer

Employee

Except for unusual circumstances, TT has by default inserted the tax onto the 1040 wks. line 48. If it there, you are done with regard to foreign taxes.