On 1099-B worksheet, Section F, line 7: Can mutual fund capital gains be included in foreign income amount? Typically I have not included it, but am rethinking this...
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I think I found my answer!~ The long-term capital gains can be included as part of the 1099-B worksheet, Section F, line 7.
I can usually dig through the brokerage statement and find the foreign income amount....some put it right out in the open, others I have to add them up myself.
I, too, get the foreign income info and, also, sometimes look for it. I was just wondering if when I do the tally if the cap gains can be reported in that calculation..
I think I found my answer!~ The long-term capital gains can be included as part of the 1099-B worksheet, Section F, line 7.
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