wark
Level 2

Reporting foreign pension plan growth as income

Hi,

I have a foreign (Israel) pension and child programs that don't qualify IRS rules for pension and require/benefit reporting on plan growth as taxable income.

 

I found topics related to income and/or payments reports, but not the taxation of foreign funds growth.

 

- In my pension reports I have both interest and management fees.  Shall I report interest or just the difference between January 1 to December 31?

- What is the best way to report it in TurboTax? Shall I report it as Miscellaneous income or Foreign earned or something else?