Sorry.. But 'sometimes' I meant perhaps one year I have a loss, perhaps one year I have a gain. It depends what the worksheet (A o B) tells me each year. But TurboTax allows me to introduce both a gain and a loss (by gain I mean what the worksheet tells me to add in line 1a, and by loss what the worksheet tells me to add in line 5). This seems incorrect, I should only introduce a gain or a loss, no?
In which TurboTax sections do I enter that capital gain and in which TurboTax section do I enter the capital loss?
For a US 1009-DIV, a capital distribution (From a fund for instance), how would I know what portion if a foreign capital distribution. The Tax statements only typically mentions 'QDI eligible foreign income'. PErhaps capital distributions are included there; not a big deal, since they are small
If I enter a 'fake 1099-DIV' for a foreign fund, I don't think it would apply. You have to tax those a a PFIC.
