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Deductions & credits
You have two options:
1. Put in as many countries as needed with the amounts to do things correctly
2. Enter RIC - you have the paperwork if the IRS asks.
What is considered a regulated investment company?
A regulated investment company (RIC) is a domestic corporation that acts as an investment agent for its shareholders, typically investing in corporate and government securities and distributing income earned from the investments as dividends (for example, a mutual fund or exchange-traded fund).
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‎February 23, 2024
5:52 PM