MarilynG1
Expert Alumni

Retirement tax questions

You could your foreign pension from an employer as Other Miscellaneous Income > Other Reportable Income, and type in 'Foreign Pension Income' as the description and the amount.  Some users have reported being able to add it as Pension Income on a 1099-R and using a fake EIN (such as all 1's, or 5's or 9's), but this doesn't always work, or may prevent Efiling. 

 

If you add it as Other Reportable Income, and if your state excludes pension income from tax, in your state interview, you'll have to make a manual adjustment to exclude this income. Depending on the state, you may see 'Other Miscellaneous Subtractions' or 'Here's the Income that xxx handles differently' screens where you can make a subtraction. You can check your state's Dept. of Revenue info to see what types/amounts of pension income might be excluded. 

 

To get a Foreign Tax Credit, in that section, page past the screens asking about Interest/Dividend income, until you reach a screen asking if you have other types of Foreign Income to report.  Choose 'passive' income, and you'll enter the Country, income amount, tax paid amount, and date paid.

 

@fredk99 

@hocoseba 

 

 

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