Solved: With single 1099B reporting foreign taxes for more than one mutual fund/ETF, can you handle that as a single entry/investment in the 1116 portion of the interview?
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Level 2

With single 1099B reporting foreign taxes for more than one mutual fund/ETF, can you handle that as a single entry/investment in the 1116 portion of the interview?

 
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Level 8

With single 1099B reporting foreign taxes for more than one mutual fund/ETF, can you handle that as a single entry/investment in the 1116 portion of the interview?

If the ETF reported dividends on a 1099-DIV, then it is compatible with the mutual fund and they can be combined into a single entity. The country name is "RIC"; (regulated investment company)

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Level 8

With single 1099B reporting foreign taxes for more than one mutual fund/ETF, can you handle that as a single entry/investment in the 1116 portion of the interview?

If the ETF reported dividends on a 1099-DIV, then it is compatible with the mutual fund and they can be combined into a single entity. The country name is "RIC"; (regulated investment company)

View solution in original post

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