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September 20, 2024
Question

Turbo tax wants to charge me $69 over a 52 cent foreign tax credit

  • September 20, 2024
  • 1 reply
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my income is less than $5,000 dollars and i should be able to file free but they want to charge me $69 over a 52cent foreign tax credit

1 reply

VolvoGirl
Employee
September 20, 2024

Leave out the foreign income.  Don’t enter the dividend.  

Or find a free program on the IRS website

Free File: Do your Federal Taxes for Free | Internal Revenue Service

Hal_Al
Employee
September 20, 2024

At the 1099-DIV screen, in TurboTax (TT), leave box 7 blank.  You are not required to report what's in box 7 (that 52 cents) to the IRS.