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April 29, 2021
Question

How do I change an entry to a RIC? T.Tax has downloaded a 1099 DIV form that has a" Foreign Tax Paid" amount but it is from Fund with multiple counties.

  • April 29, 2021
  • 1 reply
  • 0 views
If this divided is left without changing to RIC, I am shunted into Foreign Tax Credits that requires lists of countries, incomes / taxes for each.

    1 reply

    April 29, 2021

    just select "RIC" for the country from the drop down box

    dividends paid by RIC are treated as dividends so 1099-Div is the proper form