@DaveF1006
Thank you!
1099-DIV is RIC income for 1114.
1099-INT is Country X income for 1114.
Inherited House Sale was in Country X too.
Two questions:
1. In Turbotax, what should go on the "Description of Property" - 8949 Part II Line 1 (a) . Should I put "Foreign Income Taxes on income not creditable due to U.S. loss" for Schedule A Line 6 or more country specific language?
2. Do you have a link for an easily readable version of Section 901(m)?
Country X withheld income taxes as a flat % of the inherited property sales price without any regard to cost basis (original or stepped up). That's the rule there.
