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Level 3
March 13, 2021
Solved

various used for name of foreign country

  • March 13, 2021
  • 2 replies
  • 17 views

In previous years, we could type in "various" under the name of foreign country when entering foreign tax paid information from dividends.  Is that no longer available in the 2020 program?  How are others handling this when the foreign country name is not available on the 1099-DIV?

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Best answer by d4velake

Lacerte will kick back any return that has "Various" as the country related to the Foreign Tax Credit and Form 1116.  You have to change EVERY entry that says "Various" to "Other Country".  

2 replies

sjrcpa
Level 15
March 13, 2021

OC Other Country

The more I know the more I don’t know.
d4velakeAnswer
Level 3
March 14, 2021

Lacerte will kick back any return that has "Various" as the country related to the Foreign Tax Credit and Form 1116.  You have to change EVERY entry that says "Various" to "Other Country".