Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 7:52:33 AM

On Form 1099-DIV Worksheet, Box 7---- what does "ric" stand for??

0 1 3854
1 Best answer
New Member
Jun 6, 2019 7:52:35 AM

RIC stands for Registered Investment Companies. These can related to EFTs and the taxes paid may be eligible for a foreign tax credit.

1 Replies
New Member
Jun 6, 2019 7:52:35 AM

RIC stands for Registered Investment Companies. These can related to EFTs and the taxes paid may be eligible for a foreign tax credit.