Deductions & credits

To enter a foreign pension in TurboTax online program, simply follow these steps:

After you sign into your account, select 

1. Take me to my return
2. In the program, from the top, select tab Federal taxes / Wages & Income -Less Common Income at the bottom of the screen
3. Select Miscellaneous Income , 1099-A, 1099-C- Start 
4. Select Miscellaneous Income- Other income not already reported on a Form W-2 or Form 1099-
5. choose Start to enter information

To report the foreign tax paid on your pension for foreign tax credit:

1. Enter foreign tax credit in the search box at the top of the page and click the Jump to link
2. Click 'Yes" you paid foreign taxes
3. Click through the screens regarding foreign interest and dividends
4. Click yes that you have reported all your foreign income already in TurboTax
5. Click that you want to take a credit
6. Answer question about the Simplified Limitation Election
7. Choose income type for pension - it will be Passive
8. Add the name of  your county
9. Enter description -XXX pension
10. Enter Pension Income amount that you previously reported in another section of TurboTax 
11. Enter your taxes you paid on your foreign pension in the box "Other income"
12. Continue through the foreign tax credit screens until done.