As reported on your 1099-DIV, your Betterment accounts may have earned foreign-sourced income via dividends, resulting in foreign taxes. This is due to the fact that your taxable investment accounts may be invested in foreign stock and bond ETFs, since Betterment’s portfolio is globally diversified. When filing your tax return, you may be required to report foreign-sourced income, which means you’ll need to report the total of all the foreign-sourced dividend income that you earned. Betterment ...