The MoneyReady Forum
Member
avatar
Joined:
Posts: 19

I have a few ETFs whose distributions include both eligible dividends and foreign income.  Currently, I am setting the Dividend type to "Eligible", though Foreign is also an option.  What I don't see is a way to identify both types of income for a single ETF and the percentage of each.  An example of this type of ETF is XGRO.

As a result, no FI is being used in the TM calculations.

How do you suggest I do this so that the foreign income is captured correctly?

 

Administrator
avatar
Joined:
Posts: 245

I'll look into capturing that better for these types of funds. In the meantime, you can just enter your expect foreign dividend yield as income yield, since the tax treatment is the same. Reduce the eligible dividend yield by the same % as they are additive.

Member
avatar
Joined:
Posts: 19

Right, of course! 🤦‍♂️  That will work just fine, thank you.