I am trying to Report Foreign Dividends in Turbotax Business.
Turbotax is asking: "These foreign dividends are from"
1. Mutual Fund / Regulated Investment Company (RIC)
2. Other Source.
My investments are in an SMA (separately managed account) brokerage account and are all stocks. Basically it is a 3rd party company managing all my stocks in one brokerage account.
Should I pick 1. or 2. above for my SMA account?