If you are a shareholder of a mutual fund, or other regulated investment company (RIC), you may be able to claim the foreign tax credit based on your share of foreign income taxes paid by the fund if it chooses to pass the credit on to its shareholders. You should receive from the mutual fund a Form 1099-DIV, or similar statement, showing the foreign country or U.S. possession, your share of the foreign income, and your share of the foreign taxes paid. If you do not receive this information, you will need to contact the fund. See this IRS webpage for more information.
If you don't see specific countries mentioned on your 1099, you may see the designation "RIC", for Registered Investment Company. You can safely use the designation RIC in TurboTax for purposes of labeling the dividends for foreign tax credit purposes if the fund is passing on the credit to shareholders.
If all your foreign-taxed income was 1099-reported passive income, such as interest and dividends, you don't need to file Form 1116 in order to get the foreign tax credit, provided that any dividends came from stock you owned for at least 16 days, though you will need to answer the questions in TurboTax.
Please see this tax tips article for more information.
@eeterrific If you still need assistance, please describe in more detail the trouble you are having with entering multiple company ADRs into TurboTax, from multiple brokers.
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