multiple 1099-DIV's with multiple foreign countries

[wizdude]

I have three 1099-Div's with a total of 10 countries plus two separate RIC listings across them.  I list all the appropriate sources as requested by the Easy Step program but it will not let me enter the income for more than one (sometimes two) each time I attempt to complete the process.  With each restart, I have deleted the Form 1116 to attempt a fresh start.  How should I be doing this?  

[DaveF1006]

When you select the country in the drop-down menu, select various for the non-RIC listings. This should allow you to enter the total income and foreign taxes paid using this option since it is all dividend income.  See if this works.

[Sagilj]

When I get past this I get excess taxes that goes toward future years but also a message that I can't file electronic ly. Is this normal? Sagilj

[DaveF1006]

No. Wait until 03/10 when Form 1116, Sch B, Foreign Tax Carryover Reconciliation Schedule is available. On 03/11, you should be able to electronic file your return with no restrictions. I would wait 03/12 to electronic file just to be safe.

@Sagilj

[DaveF1006]

No. Wait until 03/10 when Form 1116, Sch B, Foreign Tax Carryover Reconciliation Schedule is available. On 03/11, you should be able to electronic file your return with no restrictions. I would wait 03/12 to electronic file just to be safe.

@Sagilj

[wizdude]

I need a clarification.  Are you saying to use "various" for all the foreign income or have two separate entries - one for "various" and one for "RIC"?  I am finding the latter to be difficult to do but it could be operator error. 

[AmyC]

It would be easiest and allowed to just use various.

You can use both RIC and Various. Enter them both on the screen Where Did you Receive Dividend Income From? Then the program will ask you about each one so you can enter the income and taxes related to each category. The program doesn't like to use both for one 1099-DIV. It wants one per choice so various is the only real solution when you have both on one form.