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Get your taxes done using TurboTax
The tax credit is determined based on ratios that include the amount of total income and foreign income as well as the foreign tax paid.
The credit is intended to compute the amount of equivalent U.S. tax on the same income. If the income isn't properly classified (as dividends or capital gains) it may not compute properly.
The foreign tax paid amount likely comes from your 1099-DIV, and it sounds like you have properly accounted for the foreign income based on what is on your forms. If you don't see the numbers that your consultant entered on any of your income documents, I can't imagine where those numbers came from either. Only the consultant is likely to know.
However, rest assured that as long as you are entering the data that you have from your forms directly into the TurboTax interview, we guarantee the accuracy of the tax calculation.
RIC or other are fine in this situation, neither will affect the calculation of the credit.
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