IRS description is vague on this topic, so please advise:
regarding foreign tax pain on foreign securities - when these stocks are held and managed by say Raymond James or Goldman as part of a managed portfolio can RJ or Goldman be considered RICs?
I need to know if within Turbotax can I report them as a lump under the RIC option, or do I need to itemize them? Either way they get reported, but it would be much easier to lump it.
