It depends. To clarify, do you have a 1099R issued by your UK Employer Pension administrator? If so, enter this by the doing the following.
- Go to federal>wages and income>all income
- Retirement plans and Social Security>show more
- Ira (401K), pension plan Withdrawals(1099R) Start
- Record the 1099R exactly the way it is listed on the physical copy of the 1099R.
If you don't have a 1099R, you can prepare a mock return as suggested by ReneeM7122 in this Turbo Tax post. in this post, Renee suggests that you prepare the mock return in the following manner in the following manner.
- Use the first three steps above.
- Next screen, Choose your bank or brokerage, select I'll type it in myself
- 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 pension does not have an ID number, you can try entering nine 9s. If errors occur due to this entry, you can enter the pension under Miscellaneous Income.
- Go to federal>income and expenses>all income>>show more
- Less Common Income> Start
- Miscellaneous Income,>start
- Other reportable income>start
- Next screen asks Any Other Taxable Income>yes
- The next screen will allow you to report the income with a brief explanation. in this case, you would enter UK pension benefit and then the amount.
This may be a lot of information to digest but I am trying to cover all of the contingencies to make sure you get the best tax advice possible.
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