Management fees are not deductable so you will only report the interest.
You can enter your Israel pension income on Form 1040, Line 21 as "other income" or "foreign pension."
To report your foreign pension in TurboTax follow these steps:
- Log in to your TurboTax account if it is not open.
- Select the Wages & Income tab.
- Scroll down to Less common income click Show more.
- On the page Let's Work on Any Miscellaneous Income click on Other reportable income.
- On the page Any Other Taxable Income? select yes.
- On the page, Other Taxable Income enter Foreign Pension for the description and the amount.
- Select continue and answer No on the next page.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
