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georgeh
Mar 11, 2008, 05:03 AM
One of my 1099 Div forms is not accurate in reporting foreign dividend income and I want to know if I should file Form 1116 based on the correct amounts or accept the inaccurate
1099 Div as reported to the IRS?

ebaines
Mar 11, 2008, 06:45 AM
Are you sure it's incorrect? If so, then the broker or company that issued it to you should be willing to send you a corrected 1099-DIV. If you do decide to use figures that differ from the 1099-DIV it will be noticed by the IRS, so you should attach an explanation.