I have a pension being paid to me from a Swedish institution and I also have Swedish bank accounts that I have earned interest on.
I found the advice in your help section on how to report the pension income under “Other Taxable Income”. However the instructions for how to enter the foreign tax paid on the amount don’t work.
These are the instructions I found in this community:
"In the Deductions & Credits section, under 'Estimates and Other Taxes Paid', choose 'Foreign Tax.'
The first few screens are asking about Foreign Tax paid on 1099-Div or 1099-Int. Continue until you reach a screen asking if you have other types of foreign income to report. Choose 'General Category Income' and Continue.”
When I go to “Foreign Tax Credit” per the instructions, it only refers to 1099-DIV, 1099-INT, 1099-OID or K-1. (I think my financial institution in the US I reporting some foreign tax also), and I never get to a place where I can choose “General Category Income” or link to the pension amount I previously entered. Have the screens changed?
Please advise.
Also, my next step is to also enter the interest paid to me by my Swedish bank. Should I do that as “Other Taxable Income” as well?
