Skip to main content
April 14, 2024
Question

Entering Section 199A Dividends from a 1099-DIV in a Canadian Tax Return?

  • April 14, 2024
  • 2 replies
  • 0 views

I have a 1099-DIV form from Vanguard which has a non-0 Section 199A dividends entry. 

I am a dual citizen and am currently filing my Canadian taxes using Turbo tax. Does anyone know where to enter this information in the Canadian Turbo tax form? I normally enter 1099-DIVs in the foreign income section, but it isn't immediately obvious where I enter this info (or if I even need to enter this information).

 

Thanks in advance.

2 replies

Community Manager
April 16, 2024

Are you using TurboTax Online or the Download version?

April 16, 2024

Online version

April 16, 2024

You will be entering this information by clicking on the Find icon at the top right and writing foreign to then highlight Foreign Income and click GO. You will need to enter the amounts in Canadian currency.

Please see our TurboTax article for further information: Common USA Tax Forms Explained & How to Enter Them on Your Canadian Tax Return.

 

Thank you for choosing TurboTax.

TurboTaxSusan
April 17, 2024

No, TurboTax won't do the currency conversion. If you know the conversion rate then you can enter it, but it's not necessary to fill in that box.