- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Income from a foreign pension or foreign "social security" is taxable and must be reported.
To report the foreign retirement income on Form 1040, Line 8, in TurboTax Online:
- Go to Federal Taxes
- Wages & Income
- Scroll down (click on Add More Income, if showing)
- Scroll down to Less Common Income and click on Show More
- Next to "Other reportable income" click on Start
- Answer Yes to "Any Other Taxable Income?"
- Enter a description, such as "Country X Social Security", the amount, and click on Continue
You can also search for other reportable income using the search feature to be taken to that screen.....Answer NO to the question about ''did you receive other WAGES that were not reported on a w-2 or 1099''.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 2, 2021
8:02 PM