AmyC
Expert Alumni

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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