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Deductions & credits
You must have foreign tax paid on your tax form. There should be a detail page which lists the foreign dividends -with a percentage amount. It could be just one line in the stack of forms or it may have a list of countries.
If this is a regulated investment company, you can elect RIC on the foreign tax credit. Otherwise, you need the countries to claim the foreign tax credit.
For Example: Brazil 1.3%
This lets you know that 1.3% of you investment is in Brazil.
Or, your paperwork may just say foreign because the company is investing only in countries allowed for the foreign credit
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‎February 5, 2025
1:10 PM