Hi I have a couple of tax forms 1. 1099 DIV form where I have 1a) Total Ordinary Dividends , 1 b) Qualified dividends, 7 Foreign tax paid, 2a Total Capital Gain Distribution=0.00. My amounts on 1a) and 1b) are not the same, so which one should I report on the Turbo tax in the place of income from foreign sources (Interest on Bank account not reported on T slip).
2nd tax form is a consolidated 1099 statement (includes 1099 INT, 1099 DIV, 1099-B) which has Box 1-Interest income, 1a- Total ordinary dividends, 1b- Qualified Dividends (1a and 1b not equal), 2a Total Capital Gain Distributions, 7 Foreign tax paid, 11- Exempt Interest Dividends, 12- Specified Private Activity Bond Interest Dividends.
3rd form is just reporting my interest income on US dollar deposits and no tax was withheld on it. Where do I enter all this foreign income on the Turbo Tax Canada fields. Thank you and your help is appreciated.
