bhc20002
New Member

Troubleshooting

Thank you Tzwart.  Distributions from the mutual funds such as annual or quarterly interest, dividends, capital gains (boxes 1a, 2a from 1099-DIV).  My understanding is all passive income (quarterly interest, dividends, capital gains) are considered foreign income.  And only sales of mutual funds shares are considered capital gains or losses, hence lower tax rates.  Is that correct?

 

Cheers,

Bernard