itonewbie
Level 15
12-07-2019
08:04 AM
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Since no US tax is assessed on the dividends, no FTC will be allowed for 2018. However, unutilized FTC may be carried back/forward.
You may also want to check whether the dividends are from foreign mutual funds, which would generally be subject to PFIC rules and could have adverse US tax consequences.
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Still an AllStar
Still an AllStar