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matt2821mjn
March 15, 2025
Question

TT is claiming I am eligible for the Foreign Tax Credit when I correctly entered all W2s. All income was in the US. Would stock investments trigger this?

  • March 15, 2025
  • 1 reply
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    A
    AnnetteB6
    March 15, 2025

    Yes, dividends paid from a foreign stock could trigger this if your Form 1099-DIV shows a foreign tax paid in box 7.  There may be other triggers as well, but foreign dividends is a common one.  

     

    The following TurboTax help article will provide more information about how to claim the foreign tax credit:

     

    Where do I enter the foreign tax credit (Form 1116) or deduction?
     

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