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Retirement tax questions
Every state return is different and so backing it out may not be an option. You should use the substitute Form 1099-R to complete your return. Any state that does not tax pension income would not include the distribution when entering using this method.
To enter your foreign pension income as a substitute form 1099-R:·
- Click the Federal Taxes tab at the top.
- Select Wages and Income.
- Scroll down to the Retirement Plans and Social Security section
- Select IRA, 401(k), Pension Plans Withdrawals (1099-R).
- On the screen “Tell Us Which 1099-R You Have”, there is a box “I need to prepare a substitute 1099-R”. Click on that box and continue.
Once you have the pension entered, carefully proceed through your state return. If you are using TurboTax CD/Download version you may be able to make adjustments using the Forms mode and override option.
Important: Under normal circumstances, you shouldn't have to override anything. Returns that contain overrides cannot be e-filed and may not be covered under our 100% Accurate Calculation Guarantee. We're providing these instructions to customers who understand the risks, but wish to proceed anyhow.
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