If foreign income comes out of a mutual funds with multiple global foreign holdings including the USA which country do we use?
There is country #1, country #2 and the USA, the mutual fund is a combination of the USA and other foreign holdings which one would be select to use?
011463
1 Replies
TurboTax-Terry
New Member
Oct 30, 2019 10:12:48 AM
You can use US if the income is predominately from there or Country #1 if it is varies. The information has already been provided to CRA by the mutual fund company.