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Get your taxes done using TurboTax
These usually will be answered if you enter 1099 INT and 1099 DIV. If you have you have Box 6 entry in a 1099 INT or Box 7 of a 1099 DIV, you will be asked a question further on in the interview on the amount of foreign interest/dividend income paid and where it originated. Here is where you indicate it is from RIC.
This information is important for you to claim a foreign tax credit. When you work on your foreign tax credit, the information you entered from your 1099 INT and 1099 DIV is already populated so you do not need to reenter this information to claim the credit. Here is an example of a 1099 INT and the follow-up question it asks regarding the amount of foreign income and where it originated, The format is the same if you entered a 1099 DIV with foreign taxes reported in Box 7.

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