reporting foreign tax paid

I have several accounts where foreign taxes were paid. Many are small amounts in 1099-DIV from the broker but one is over $600 and therefore requires a Form 1116.

My question is: because of that one account where the 1099DIV reports a foreign tax over $600 do I need to also enter all the small amounts from the other 1099 DIVs in the 1116 - or - do I just use the Form 1116 for the one 1099-DIV that is over $600 and take the credit for the others without including them in the 1116?

Hope I am clear.

Jeff

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Jeff
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Yes.

No.

-- Rich Carreiro snipped-for-privacy@rlcarr.com

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Rich Carreiro

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