I'm having problems entering all countries into Form 1116 on TT Home & Business. AI is hallucinating. Can anyone help me?

[NCBeeman]

I have one 1099-DIV which lists Various for the countries, and I entered it this way. (Which is how the AI told me to enter.) But after entering the first country, TT doesn't give me the option to enter more countries, even though the TT AI insists there should be a button that allows me to do that. Am I going to have enter fake 1099-DIV's for each country, or is there a better solution?

[DawnC]

If you want to list multiple countries, do not choose VARIOUS.    You can list each country individually from the list as long as you don't start with Various.  

If you own shares in a mutual fund or a Regulated Investment Company (RIC), then you may simply identify the foreign country as "RIC" rather than identifying each individual country.

[NCBeeman]

Dawn,

Thanks so much for your reply!  To ensure I understand what you are saying:  When you say to select multiple countries (and not various), are you saying to do that on the foreign income tax credit input screen, or when I input the countries on the 1099-DIV screen?  

What I tried to do was enter "Various" on the 1099-DIV input screen (which is the way it's reported on my 1099-DIV), and then input all of the countries covered by that "Various" in the country selection screen in the foreign tax credit entry.  Is that the correct way to proceed??

Thanks!  Ed

[DawnC]

The foreign tax credit screen.   You don't need to enter each county on the 1099-DIV entry screen; you can do that when you go through the foreign tax interview.