Skip to main content
Level 4
February 13, 2022
Question

Foreign Social Security Pension

Before 2018 taxable Foreign Social Security Pensions were reported in Form 1040 line 21. From 2018 on, with the new revised Form 1040 -that it’s in force nowadays- must it be reported in line “8 Other income from Schedule 1 line 10”? And in such Schedule in line 8z?.

Any comments or confirmation is greatly appreciated.

    2 replies

    Critter-3
    Level 15
    February 13, 2022

    Yes ... but when all else fails read the instructions ... they start on page 84 :  https://www.irs.gov/pub/irs-pdf/f1040s1.pdf

     

    And see pub 525  https://www.irs.gov/pub/irs-pdf/p525.pdf

    Employee Tax Expert
    February 13, 2022

    Yes, foreign pensions will be reported on line 8 "Other income from Schedule 1 line 10" on Form 1040.  Yes, in Schedule 1 it will be on line 8z.

     

    Please follow these steps to enter this into TurboTax:  

    1. Select "Federal"
    2. Scroll down to "Less Common Income"  and click "Start" next to  "Miscellaneous Income, 1099-A, 1099-C" 
    3. Scroll down to "Other Reportable Income" and click "Start"
    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"