TomK100
Expert Alumni

Retirement tax questions

To enter foreign pension in TurboTax online program, you will you would NOT treat it as "other income," rather, you will create a mock form 1099-R.

 

Within your Personal Tax section, Under Retirement Plans, select the IRA, 401(k), Pension Plans (1099-R).

  1. On screen, Your 1099-R, answer Yes and select Continue
  2. Next screen, Choose your bank or brokerage, select I'll type it in myself
  3. On the screen Tell Us Which 1099-R You Have,  check the box 

I need to prepare a substitute 1099-R and follow the prompts. 

 

If your foreign issuer does not have an ID number, you can try entering nine 9s. 

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