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Level 3
posted Jun 6, 2019 10:36:27 AM

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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1 Best answer
Level 9
Jun 6, 2019 10:36:29 AM

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)

1 Replies
Level 9
Jun 6, 2019 10:36:29 AM

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)