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C
colinehaase
April 4, 2025
Question

I am being given $1 Foreign Tax Credit. Because of this, I need to pay $79 to upgrade. I don't want this credit and don't know how to remove. Can someone please help?

  • April 4, 2025
  • 1 reply
  • 0 views
Not sure where this came from at all. Never had this before.

1 reply

DaveF1006
DaveF1006
April 4, 2025

Check your 1099 INT, 1099 DIV and see if there is an Amount in Box 6 of the 1099 INT, or Box 7 of the 1099 DIV.  If you see it listed in the forms, remove it.

 

Also, if you received a K-1, check the form to see if a Foreign Tax is listed on the form.

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C
colinehaaseAuthor
April 4, 2025

That worked! I had $0.55 in field 7 on 1099-DIV.

 

thank you much! 

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