Dividends

Is the amount listed on Form 1099-DIV box 6 , foreign taxes deductible ?

The amount listed on Form 1099-DIV box 6 for foreign taxes are deductible on tax credit Form 1116 or as an itemized deduction, other tax amount on IRS Schedule A.

Need Professional Help?

If you need help with "Dividends" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.