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Deductions & credits
I just read this whole post. Isn't it frustrating that something so common (owning mutual funds that hold foreign investments) should be so difficult to report. Vanguard is giving less than adequate information and Turbo Tax Premier is totally confusing. I am a customer of both and they are doing a less than adequate job. I did manage to finally get past the errors in my return, but I am not sure I reported this correctly. I was wondering if anyone would be brave enough to post a mock up of a 1116 form to show how this should look (you need to over $300 single or $600 married to be required to fill one out)?
‎February 11, 2020
10:52 AM