I have received pension benefits from UK this past year. do I need to report these as income? If so how do I do that in turbotx?

To enter foreign pension in TurboTax online program, you will you would NOT treat it as "other income," rather, you will create a mock form 1099-R.

 

Within your Personal Tax section, Under Retirement Plans, select the IRA, 401(k), Pension Plans (1099-R).

1. On screen, Your 1099-R, answer Yes and select Continue
2. Next screen, Choose your bank or brokerage, select I'll type it in myself
3. 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 issuer does not have an ID number, you can try entering nine 9s. 

thanks Tom,

but entering the 9's does work and it wont allow me to file with that in the form!  Since it is not a real but  substitute 1099-R what is the workaround to avoid entering this?

thanks

John

I had the same problem with ID number for my UK pensions. all 1's worked for years but not now, neither did all 9's. I ended up contacting Turbo tax and they gave me 99-0999999 and that works. Hope it works for you