"various" under the name of foreign country when entering foreign tax paid information from dividend

phaedrus
phaedrus Member Posts: 3 Newcomer
edited December 2024 in General

Customer for 3 or 4 years. I want to be able to type in "various" under the name of foreign country when entering foreign tax paid information from dividends. I haven't seen a way to do this. Is this something that will be considered in future editions of the software?

Tagged:

Answers

  • KFine3325
    KFine3325 FreeTaxUSA Agent Posts: 48

    We appreciate your feedback and we will pass this on to our development team for consideration. We are constantly using feedback like yours to improve the software and make the customer experience top notch!

  • dmathis7
    dmathis7 Member Posts: 2 Newcomer

    I'm also having this problem, is there a solution for it yet? I'm hesitant to just pick a random country, and I can't leave it blank if I want to claim the tax credit. I don't recall this being an issue on previous years' returns so I'm curious about what changed this year? Thanks for investigating

  • phaedrus
    phaedrus Member Posts: 3 Newcomer

    >Did this answer the question? Yes No>

    >is there a solution for it yet?

    Last year they wrote "We appreciate your feedback and we will pass this on to our development team for consideration." Crickets since then. Kindly let me know if you have better luck with customer support in the future.

  • CoryF
    CoryF FreeTaxUSA Agent Posts: 168

    Thank you for checking in

    That message was written in December, four months ago. All of our major upgrades for the current 2024 have been implemented. The fix for this solution may come for the Tax Year 2025 which starts in January 2026. We are working to make our software better and more inclusive with each piece of feedback that we receive.

  • dmathis7
    dmathis7 Member Posts: 2 Newcomer

    I see my error now - on the page where you specify the country, the first question "Is your foreign income passed through from a mutual fund or other regulated investment company (RIC)" defaults to "no," in which case you would not be able to enter "various" as the country.

    In my tax situation, the foreign tax was from a mutual fund investment, so I should be answering this question "yes" - which removes the requirement to declare a specific country. I missed this question when I first went through my return, so I'm all set now. Thanks all

  • phaedrus
    phaedrus Member Posts: 3 Newcomer

    >In my tax situation, the foreign tax was from a mutual fund investment, so I should be answering this question "yes"

    I am glad that worked out for you. Unfortunately for me I am not dealing with a mutual fund investment (RIC) but rather a K-1 from a trust. And where I am asked to enter which country I am receiving the dividends from I did not see a way to enter "Various" but was asked to choose a country. Hopefully FreeTaxUSA Agent Cory F will continue to keep this in mind (trust with various foreign investments) as the software is evaluated for Tax Year 2025.

Categories