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Get your taxes done using TurboTax
Indeed, what TT does and what IRS wants might not be the same thing. Yes, "Various" has always been used on 1099-DIV. But for FTC above the $300(600) limit the IRS wants a filled Form1116 and the IRS instructions for that form clearly state that each country should be listed separately with another entry for RIC dividends. Anyway, thanks for your help.
PS Here is the actual quote:
"Generally, if you received income from, or paid taxes to, more than one foreign country or U.S. possession, report information on a country-by-country basis on Form 1116, Parts I and II. Use a separate column in Part I and a separate line in Part II for each country or possession. If you paid taxes to more than three countries or possessions, attach additional sheets following the format of Parts I and II."
Now, this is a lot of work, especially if the dates for each dividend payment are scattered all over the place. And all the numbers are then added up anyway, but this is what the IRS wants.