foreign 1099-div issue tax payer ID

Forum|Forum|1 year ago
February 9, 2025
1 reply
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Regarding 1099-div which reports foreign tax paid, the tax id number has always been 00-0000000. This is how it has been reported every year. This is printed on the 1099. This year turbo tax is indicating that I must enter a valid tax payer id number. How do I report this 1099-div without this information since the company is based in Japan without a tax payer id number. They do have a subsidiary in the US but they did not issue the 1099, Japanese parent company did hence the foreign tax paid on dividends.

Best answer by AmyC

Yes! I just entered a 1099-DIV with no taxpayer ID. That is a change to the program! Next, enter the 1116 for foreign income and taxes paid.

DaveF1006

To clarify, what is the subsidiary called in the US?

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schneid139Author

The US subsidiary is Takeda Pharmaceuticals USA. The 1099 is issued by Takeda Pharmaceutical Company Ltd with foreign tax paid to Japan. In the past we have entered all zeros for the tax id. Can I just leave blank? Previous years it required numbers to be entered hence the zeros but this year will not take zeros but appears leaving it blank will clear the review stage but it is different than previous years so not sure. Thank you!