According to the IRS, yes, you may be able to claim a credit for taxes paid as a mutual fund shareholder as this is a foreign tax that qualifies for the foreign tax credit.
You will enter the income and credit in the foreign income section of TurboTax by selecting the following:
- Federal
- Income and Wages
- Show More next to Interest and Dividends
- Start next to Foreign Accounts, 1099-OID
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