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How do you take - credit for "Foreign tax paid"- taken out of 401K account ? As there is no 1099.?


Typically on 1099- line 6- Foreign tax is reported which shows up as a credit in 1040. In 401 K- Brokerage house do not send 1099 or they don't report foreign tax taken out to IRS- so how do you take the credit ?

You cannot take the foreign tax credit on a tax-sheltered investment.
A 401K is a pension and is not reported on your return. That's why there is no 1099.
You do not pay taxes on income while it is inside a 401K. Because of that the government will not allow you to take a foreign tax credit.
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