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Deductions & credits
I agree 100 per cent with you when you say that for some taxpayers that live in States that allow pension / retirement exclusion it’s no a good option to report foreign pensions as “other incomes” or miscellaneous because they will no be allowed to get the exclusion . This is for example my case in New Jersey .
Even today TurboTax system doesn’t facilitate filing online the so called substitute1099 R . H&R Block does .
Any comments will be appreciated. Thanks
January 12, 2024
4:42 AM