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Get your taxes done using TurboTax
If you don't have a 1099-R for your Foreign Pension Income, don't use a Substitute 1099-R to report this, or you will not be able to Efile. You can report it in the Income section by scrolling down to Less Common Income > Miscellaneous Income 1099-A, 1099-C. On the next page, scroll all the way down to Other Reportable Income, and enter a Description/Amount (foreign pension income).
This income is taxed the same as 1099-R income. If you paid tax on the income, you can enter the Gross amount and claim a Foreign Tax Credit for the tax. Or, enter the Net amount if you don't want to claim a credit.
This year, there is an additional deduction of up to 6K for seniors, which TurboTax calculates for you automatically, based on your age in the personal info section. You'll see this Schedule 1-A, Part V, which carries over to Form 1040, Line 13b.
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