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April 7, 2025
Question

Where should I report foreign tax fees/expenses in Turbotax when I clam foreign tax credit?

  • April 7, 2025
  • 1 reply
  • 0 views
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1 reply

April 7, 2025

Depending on what type of Foreign Income you have, the foreign tax you paid is reported in the Foreign Tax Credit section, under Deductions & Credits.

 

The income is reported in the Income section in the appropriate topic (such as Rental, Self-Employment, Wages, etc.)

 

If you paid Foreign Tax on a 1099-INT/DIV, when you report the income, the tax amount is carried over to the Foreign Tax Credit section for you.

 

Here's more info on Claiming the Foreign Tax Credit.

 

@ladyswg 

 

 

ladyswgAuthor
April 8, 2025

There are some fees charged when the foreign income incurred and the foreign tax paid. Can I deduct that from the foreign income? For example, the ADR fees.

DaveF1006
April 10, 2025

No, you are not allowed to deduct those fees.

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