[GNC] Tax report options

[Fred Tydeman]

When I get the 1099 DIV forms for mutual funds and stock brokerage accounts,
I add two transactions dated year end (if this is the only mention of
foreign taxes):
  Foreign tax:  +xxx  (expense)
  Dividend:   +xxx  (income)
for each net foreign tax paid for each security.
I am looking for the total of all the foreign tax entries.

Other investments, tell me about each gross dividend / interest payment and
how
much foreign tax was withheld.  Those I can enter as each is done.



On Sun, May 14, 2023 at 4:24 PM Ken Farley <farleykj at gmail.com> wrote:

> Form 1116 has cost me at least a couple of iterations of filing my taxes
> in the past. It would be nice if something told me I needed it...but
> unless I was paying taxes to a foreign nation directly, meaning a
> transaction occurs in one of my accounts, I don't see how I would have
> it included in this report. Dividends I get, interest received, capital
> gains, etc. These are all entries into my ledgers that the report can be
> told to use. The taxes paid that are useful for the Form 1116 tax credit
> are only known to me when I get my 1099 Forms from my investment
> brokerage. I have absolutely no idea what they will be until I see that
> entry in the form. So, I don't understand how the tax report in Gnucash
> would be able to supply you with this information?
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