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G
gaurjune9
June 4, 2019
Question

I received dividends in my India brokerage account. While entering them in US tax return, should I classify that as qualified dividend or ordinary dividend?

  • June 4, 2019
  • 2 replies
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2 replies

fanfare
fanfare
Employee
June 4, 2019
use the same holding period rule that you would use in a US based brokerage account.
IsabellaG
IsabellaG
Employee
June 4, 2019

See the answer below from TurboTax GeoffreyG. Pages 66 and 67 of IRS Publication 17 addresses this question, along with a Table 8-1 showing the countries that have treaties with the US for qualified foreign corporations (India is one of them). 

https://ttlc.intuit.com/replies/5976468

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G
gaurjune9Author
June 4, 2019
In the above answer, do the foreign company need to meet either of the requirements or all of them?
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