Hi there, I request your confirmation and have 1 question below:
My fidelity supplement only has 1 line:
- Country: RIC
- Security: ISHARES TR CORE MSCI TOTAL
- Nonqualified: 434
- Qualified: 4355
- Interest: 0
- Total foreign income: 4789
- Foreign tax paid: 748
Please confirm if the following corresponding Turbo tax entries are correct accordingly:
- Passive income, Country = RIC
- Foreign-Source Income: 4789 ? (Shows up as Total foreign income for this Category in another screen)
- Foreign qualified dividends and l.t. capital gains: 4335 (correct?)
- Chose blank /no for everything else including excess foreign tax credit (carry back from 2021, /AMT)
- (Reference: In 2021: My Nonqualified was 517, Qualified was 2685, Total foreign income =3203, Foreign tax paid= 171.
Shows: Foreign tax credit = $250
Error: Smart check shows following error:
Form 1116 (COPY) -- Foreign Tax Credit Comp Wks: Date must be entered
Is it ok to enter 12/31/2022?
