@drennman @Foxbat
Thanks for clarifying. I am just starting to on my first 1116 journey. I have divs from both genuine RIC entities (ETFs) and individual stocks from maybe 5-6 countries. I think the Form 1116 expects me to list the total income from each country separately (and from the "RIC country" separately as well). So I am confused as to where you had to enter "Various" on that form. I appreciate the tip not to use "various" for dates. My situation also probably means that I cannot change "Various" to "RIC" on my initial 1099-DIV entry. Does this sound right to you?
I am actually even more confused because I have a chunk of income from UK stocks. Those divs are not taxed in the UK but are still considered foreign income so, as I understand, I'll have to list them on Form1116 as well. Am I wrong here ?
I'll try with the "not simplified" method first and see if TT can handle that. But I appreciated your tips. Thanks !
