LinaJ2020
Expert Alumni

Get your taxes done using TurboTax

You can report them under Other Income to e-file.  Here are the steps:

 

In TurboTax online,

  • Sign in to your account, select Pick up where you left off
  • To the right upper corner, in the search box, type in "other reportable income" and Enter
  • Select Jump to other reportable income
  • Next screen, Other Wages Received, select No to continue
  • Next screen, scroll down all the way to the bottom, under Other reportable income, select Start
  • Next screen, Any Other Taxable Income? select Yes to continue
  • Enter a description and the amount.

Without a Form 1099, if you have paid any foreign taxes on the amount, you will still be able to claim a foreign tax credit on the income.  Here are the steps:

 

In TurboTax online,

  • Open up your TurboTax account and select Pick up where you left off
  • At the right upper corner, in the search box, type in "foreign tax credit" and Enter
  • Select Jump to foreign tax credit
  • Follow prompts
  • On-screen, Tell Us About Your Foreign Taxes, select None of these apply and Continue
  • Follow prompts
  • On-screen, Choose the Income Type, check Passive Income
  • Follow prompts
  • On-screen, Other Gross Income-Foreign country, enter description and amount
  • Follow prompts, 
  • On-screen, Foreign Taxes Paid-foreign country
  • Under Foreign Taxes on Other Income, enter the amount
  • See the images below

@BSL63

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"