- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Hopefully final question on this topic:
Regarding your earlier response "Your pensions are foreign financial assets and are reported and reported as such. You would enter your unrealized gains but these do not need to be reported as income in your tax return. Your tax bill won't change. In fact, you do not need report these in any other section than the 8938 you are preparing."
As I approach submission time, having entered gains on the 8938 as suggested, at the review stage of my submission - Turbotax is insisting that I "Form 8938: Gain/Loss II schedule must be entered. and then has a text box that I need to enter
What am i supposed to do - because I thought I was not supposed to report it as income?
It won't let me leave it blank?
February 17, 2025
3:41 PM