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ehockin
Returning Member

I receive Canadian Social Security (CPP and OAS) and required RIF withdrawal I receive a BC Techers' Pension. How do I enter the payment from BC Teachers' Pension Plan?

 
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I receive Canadian Social Security (CPP and OAS) and required RIF withdrawal I receive a BC Techers' Pension. How do I enter the payment from BC Teachers' Pension Plan?

You will enter your foreign pension as "Other Income."  To enter it on your return, follow the instructions below:

  • Choose the Federal return and the Wages & Income tab.
  • Scroll down to Less Common Income and Show more.
  • Choose Miscellaneous Income, 1099-A, 1099-C.
  • Choose Other Reportable Income and say Yes.
  • The screen says "Do not enter income reported on Form 1099-MISC".  This is where you will enter the description "Foreign Pension" and the amount you received.

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I receive Canadian Social Security (CPP and OAS) and required RIF withdrawal I receive a BC Techers' Pension. How do I enter the payment from BC Teachers' Pension Plan?

You will enter your foreign pension as "Other Income."  To enter it on your return, follow the instructions below:

  • Choose the Federal return and the Wages & Income tab.
  • Scroll down to Less Common Income and Show more.
  • Choose Miscellaneous Income, 1099-A, 1099-C.
  • Choose Other Reportable Income and say Yes.
  • The screen says "Do not enter income reported on Form 1099-MISC".  This is where you will enter the description "Foreign Pension" and the amount you received.

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