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March 16, 2025
Question

How do I report Foreign Pension (pension income from a foreign country)?

  • March 16, 2025
  • 1 reply
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    1 reply

    March 17, 2025

    Submit a substitute 1099-R as if the payer did not submit a statement when they should have.

     

    • Down the left side of the screen, click on Federal.
    • Down the left side of the screen, click on Wages & income.
    • Click the down arrow to the right of Retirement Plans Social Security.
    • Click to the right of IRA 401K Pension Plan Withdrawals.
    • At the screen Let's import your tax info, select Change how I enter the form.
    • At the screen How would you like to upload your 1099-R, select Type it in myself.
    • At the screen Who gave you a 1099-R, select Financial institution or other provider.  Click Continue.
    • At the screen Enter  your 1099-R providers info, enter the information.
    • Enter the dollar amount in box 1 box 2a and select '7' for box 7.
    • At the screen Do any of these situations apply to you, select I need to file a substitute 1099-R.

    See also this TurboTax Help that discusses the issue.

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