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Level 2
February 28, 2023
Question

Why would All of the regular capital gain distribution from a 1099 DIV be shown in the program as foreign source Income? It is not foreign source.

  • February 28, 2023
  • 1 reply
  • 4 views
The entire amount of capital gain distribution is being shown as foreign source (it's not) and I cannot see that I keyed anything in that would indicate it is foreign.
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1 reply

PhoebeRoberts
Intuit Community Champion
February 28, 2023

In the Div input screen you linked to the foreign tax credit, scroll down to the foreign section and put a -1 in the CGD line.