[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-301569-105":53,"doc-detail-301569-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","2018-important-information-for-individuals-about-foreign-tax-paid","2018 - Important Information for Individuals about Foreign Tax Paid","","2018 guidance explains how Fidelity funds paid foreign taxes on income from foreign investments during 2018 and how eligible shareholders may claim a credit or an itemized deduction on a federal tax return. It details where to find reportable foreign tax amounts on the 1099 Tax Reporting Statement or Form 1099-DIV, and it outlines when to claim a tax deduction or a tax credit. It also describes methods for calculating foreign source income and ordinary and qualified dividend amounts, including eligibility constraints.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/2018-important-information-for-individuals-about-foreign-tax-paid/301569/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/2018-important-information-for-individuals-about-foreign-tax-paid/301569.png","ImageObject",442,249,{"name":88,"@type":89},"Bintang","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-24","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":73},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What does this 2018 document explain about foreign tax paid?","Question",{"text":108,"@type":109},"It explains that listed Fidelity funds paid foreign taxes outside the United States on 2018 income from foreign investments, and it describes how shareholders may claim a foreign tax credit or an itemized deduction for their share.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"Where can a shareholder find the foreign tax amount to report?",{"text":113,"@type":109},"For Fidelity Brokerage Accounts, it directs readers to the Supplemental Information on the 1099 Tax Reporting Statement, including the Total Ordinary Dividends and Distributions Detail subsection (column 6). For Fidelity Fund accounts (not brokerage), it directs readers to Form 1099-DIV (column 6).",{"name":115,"@type":106,"acceptedAnswer":116},"When must a taxpayer file Form 1116 to claim the foreign tax credit?",{"text":117,"@type":109},"If total creditable foreign taxes are more than $300 ($600 if married filing jointly) or the taxpayer is otherwise ineligible to claim directly on Schedule 3 (Form 1040) line 48, the document says filing Form 1116 is generally required.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},301569,1790291549,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":73,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":47,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":73},962085564381,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","IMPORTANT TAX INFORMATION  \n2018: Important Information for Individuals about Foreign Tax Paid  \nThe Fidelity funds listed below paid taxes outside the United States on income from foreign investments during 2018. These funds elected to pass through to their shareholders the foreign taxes paid on these investments. If you are a shareholder in one or more of these funds, you may be able to claim a credit or an itemized deduction on your federal tax return for your share of the amount of tax paid to foreign countries. Generally, a tax credit, if available, is more advantageous than a tax deduction.  \nFinding Your Reportable Amount of Foreign Tax Paid by Your Fidelity Fund(s)  \nFidelity reports your share of foreign tax paid by the funds you owned during the year on your 1099 Tax Reporting Statement:  \nFor Fidelity Brokerage Accounts—Go to the Supplemental Information portion of your Tax Statement, find the Total Ordinary Dividends and Distributions Detail subsection, column 6, in the Details of 1099-DIV Transactions. For Fidelity Fund (not brokerage) Accounts—See Form 1099-DIV, Dividends and Distributions, column 6.  \nClaiming a Tax Deduction  \nTo claim foreign tax paid as an itemized deduction, use IRS Form 1040, Schedule A.  \nClaiming a Tax Credit  \nTo claim foreign tax paid as a tax credit, note the following:  \n(1) If your total creditable foreign taxes paid are not more than $300 ($600 if married filing jointly) and you meet all the other requirements listed in the IRS Instructions for Form 1040, you may elect to claim a foreign tax credit directly on Schedule 3 (Form 1040) line 48, without regard to the foreign tax credit limitation and without filing Form 1116, Foreign Tax Credit (Individual, Estate, or Trust) . This election isnot available to estates or trusts.  \n(2) If your total creditable foreign taxes paid are more than $300 ($600 if married filing jointly) or you are  \notherwise ineligible to take advantage of reporting the foreign tax credit directly on Schedule 3 (Form 1040) line 48, you generally will be required to file Form 1116, Foreign Tax Credit (Individual, Estate, or Trust), with your Form 1040. When completing Form 1116, you may be required to report your share of foreign taxes paid by each fund and your foreign source income received from each fund.  \nTo determine your share of foreign source income received from a fund, you can use one of two methods: Method 1: To calculate your foreign source income, multiply the Total Ordinary Dividends (1a) amount reported for that fund by the foreign source income percentage shown for that fund on the following pages. This method can only be used if (1) the highest rate of tax imposed on your taxable income (excluding net capital gain and qualified dividend income) is at or below 24%, and (2) your cumulative foreign qualified dividend income and foreign long-term capital gains from all sources is less than $20,000. To calculate your foreign qualified dividend income from a Fidelity fund, multiply the Total Ordinary Dividends (1a) amount reported for that fund by the foreign source qualified dividend percentage shown for that fund on the following pages.  \nFidelity Investments and pyramid design logo are registered service marks of FMR LLC.© 2019 FMR LLC. All rights reserved.  \nMethod 1 should also be used if you cannot treat any portion of your foreign dividends as qualified dividends (for example, if you did not satisfy the holding period requirement for qualified dividends) .  \nMethod 2: If you do not satisfy the requirements to use Method 1, you are required to adjust the amount of foreign source income that is attributable to foreign qualified dividends as part of the foreign tax credit calculation on IRS Form 1116. The foreign source income percentage and foreign source qualified dividend percentage for each fund (which are needed for the calculation) are shown on the following pages.  \nFinding Your Ordinary Dividends (1a) Amount per Fund  \nFor Fidelity Broker","cbCaicy5cJpG91G3","https://ap.wps.com/l/cbCaicy5cJpG91G3","pdf",182602,"English","# IMPORTANT TAX INFORMATION\n## Finding Your Reportable Amount of Foreign Tax Paid by Your Fidelity Fund(s)\n## Claiming a Tax Deduction\n## Claiming a Tax Credit\n## Determining Your Share of Foreign Source Income Received from a Fund\n## Finding Your Ordinary Dividends (1a) Amount per Fund\n## Additional References and Next Steps","[{\"question\":\"What does this 2018 document explain about foreign tax paid?\",\"answer\":\"It explains that listed Fidelity funds paid foreign taxes outside the United States on 2018 income from foreign investments, and it describes how shareholders may claim a foreign tax credit or an itemized deduction for their share.\"},{\"question\":\"Where can a shareholder find the foreign tax amount to report?\",\"answer\":\"For Fidelity Brokerage Accounts, it directs readers to the Supplemental Information on the 1099 Tax Reporting Statement, including the Total Ordinary Dividends and Distributions Detail subsection (column 6). For Fidelity Fund accounts (not brokerage), it directs readers to Form 1099-DIV (column 6).\"},{\"question\":\"When must a taxpayer file Form 1116 to claim the foreign tax credit?\",\"answer\":\"If total creditable foreign taxes are more than $300 ($600 if married filing jointly) or the taxpayer is otherwise ineligible to claim directly on Schedule 3 (Form 1040) line 48, the document says filing Form 1116 is generally required.\"}]","2018 - Important Information for Individuals about Foreign Tax Paid | PDF",1789783600]