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How to enter foreign short term capital gains?
USA -ssued 1042S for mutual fund has amounts labelled as both long and short term capital gains [also dividends]. How are these entered in the 'foreign income' form?
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June 1, 2020
12:47 PM
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Investors and rental owners
1042S is reported in a Foreign slip under indicated type f income. So if slip indicates that it is capital gain, reported as capital gain. You cn find foreign income slip under Income / T-slips
June 1, 2020
1:18 PM