DaveF1006
Expert Alumni

Get your taxes done using TurboTax

Yes, you should enter the amount that is listed in Box 7 on the 1099-DIV.  In fact, I found this IRS document which explains the matching process in detail and the purposes behind it.

 

As far as selecting the country, if this dividend was issued from a RIC, then it would be correct either listing Canada or selecting RIC. Selecting RIC is particularly helpful if you have a large number of dividends to report that were issued by RIC's.

 

 

 

 

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