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I was curious... of the implications of putting a foreign stock such as CTC(Chile) or CHT(Taiwan) which give out dividends into a Roth IRA.. Currently I get taxed from foreign taxes, but I know I can recoup some of that via Form 1116 included with Form 1040. The max you can recoup is $600.00 to my limited understanding... how would it be different in a Roth (which is tax advantaged). To my limited understanding you can only have one tax advantage... so does this mean I would not be able to file Form 1116 and recoup some of the foreign taxes I paid for dividends within the company? thanks...

Sharior
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