The pension closed without telling me, my previous employer took all their employer match. What do I put in turbo tax? Do I also convert to US dollars on the day the money hit my bank account?
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Yes, use the spot rate on the date you received the pension income.
You can report the
pension income as a substitute 1099-R under pensions in TurboTax. In the
search box at the top of the screen, type in pensions. Then click the Jump to pensions link. Click that you are
preparing a substitute
1099-R.
To report the UK tax paid on your pension for foreign tax credit:
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