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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
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‎February 28, 2020
3:31 PM

