DaveF1006
Expert Alumni

Retirement tax questions

Instead of reporting these as 1099R's, I would suggest reporting this as other income so that the income is reported correctly on line 8Z of  Schedule 1 and the 1040. Here is how to report.

 

To report: 

  1. Go to federal>income and expenses>all income>>show more 
  2. Less Common Income> Start
  3. Miscellaneous Income,>start
  4. Other reportable income>start
  5. Next screen asks Any Other Taxable Income>yes
  6. Here you can list this as Foreign Social Security and  the amounts.

As far as the increase in your taxes, there may have been a change in the exchange rate between the previous year and this year. 

 

@Hg2164

 

 

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