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?
01432
1 Replies
Tatsiana_Cherviakova
Level 4
Jun 1, 2020 1:18:46 PM
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