- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Enter all two's (2), that should work. Your "Mock" 1099-R entries in TurboTax are simply to get the foreign pension to show up on the form 1040 as taxable pension on line 5b. The actual payer information does not get transmitted as part of your tax return.
Be advised if there was any foreign withholding shown on your form that does not get reported in the "Mock" 1099-R entries; that is not taxes paid to the US. You will need to enter the foreign withholding as foreign tax paid to claim a foreign tax credit. In the "Deductions & Credits" section scroll to "Estimates and other taxes paid" to find the "Foreign Tax Credit" topic.
Finally, US treaties govern how the foreign pensions are taxed. Be sure to check the treaty information for the source country of the distribution. Here is a link that may be helpful.
**Mark the post that answers your question by clicking on "Mark as Best Answer"