- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
should I report my german pension received from the drv on form 1099 or 1099-R? The ai gives both alternatives.
1. Question to AI: “Is DRV pension treated like social security?”
Answer: “German Social Security benefits paid to US residents are generally treated as if they were paid under the US Social Security system. This means that the income is not considered a Form 1099-R distribution (for pensions) but rather as Social Security benefits reported on an SSA-1099.”
2. Question to AI: “How is DRV pension reported in federal tax return on turbo tax?
Answer: “Reporting pension income in TurboTax, especially a foreign pension like the DRV (Deutsche Rentenversicherung) pension from Germany, generally involves using the information from your Form 1099-R or entering the information manually if you do not have a 1099-R”
a week ago