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Deductions & credits
@fbmcardl2 , agreeing with my colleague @DaveF1006 , in that (a) there needs to be only one entry per 1099-DIV ( in TurboTax ) and (b) foreign source dividend when multiple countries are involved one needs to use " various" or "RIC" -- on this I sort of remember an IRS comment that RIC is the preferred way to denote this. It stands to reason that Mutual Funds ,for example, itself is a RIC under US laws but the invested in entities may not qualify as RIC for US purposes.
Does this make sense or am I muddying the water here ?
Is there one of us can do for you ?
‎February 13, 2025
12:02 PM