1099-DIV Foreign Tax Credit

GregW1 — Mon, 09 Mar 2026 05:56:33 GMT

I have foreign taxes paid on individual stocks and an RIC. TurboTax only has a choice of one or the other. How do I handle this?

Re: 1099-DIV Foreign Tax Credit

JulieS — Wed, 16 Feb 2022 21:54:59 GMT

If your individual stocks are held by a broker that is an RIC (Registered Investment Company), you can just select RIC for all of the foreign income and tax.

If you have separate 1099-DIV forms for the individual stocks, you can select the country of origin for each 1099-DIV.

It may help to know the purpose of this question is make sure you are not taking a credit for taxes paid to a country that supports terrorism. So if you have your investments with a company like Fidelity, you can use RIC for the source even if your details shown France or Germany, for instance.

topic 1099-DIV Foreign Tax Credit in Deductions & credits

1099-DIV Foreign Tax Credit

Re: 1099-DIV Foreign Tax Credit