How do I fill in form 1099-DIV with the value RIC?

Thus, for purposes of making your data entry into TurboTax, if you own an ETF, you can safely use the designation RIC for purposes of labeling the dividends for foreign tax credit purposes (and for completing Form 1116, the foreign tax credit form).

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

Box 2a. Shows total capital gain distributions from a regulated investment company (RIC) or real estate investment trust (REIT). See How To Report in the Instructions for Schedule D (Form 1040 or 1040-SR). But, if no amount is shown in boxes 2c and 2d and your only capital gains and losses are capital gain distributions, you may be able to report the amounts shown in box 2a on your Form 1040 or 1040-SR rather than Schedule D. See the Instructions for Forms 1040 and 1040-SR.