First, you do not need to fill out Form 1116. You can choose instead to include the taxes on Schedule A. Schedule 1116 is clearly a more difficult process, but it will provide a larger deduction. Which form you use is simply a personal choice and does not relate to the amount of foreign taxes paid. If you do choose Form 1116, you can include all foreign taxes on the same form as long as all the income (for which foreign taxes are deducted) is considered passive; e.g., stock dividends. If more than one country is represented, simply choose "various" from the drop down list. If the foreign tax derives from mutual fund income, you should list this in a separate column and choose "RIC" from the drop-down menu.
