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Get your taxes done using TurboTax
Sorry for the blank screen earlier.
Turbo Tax is not clear to me regarding how to handle foreign source income. I have 2 mutual funds and 4 stocks purchased and held in an American brokerage company. These are not in foreign banks or in trusts.
Turbo Tax tries to define foreign assets and it appears that I am not subject to define my assets as foreign but further questions about the subject confuse the issue. The income from these investments total about $3,464 and my 1099-div shows a foreign tax paid of $248.
Do I have to consider this foreign income further?
‎February 23, 2020
1:38 PM