report Canadian RRIF distribution and tax withheld

[ivanoheshield]

RRIF distribution

[JohnB5677]

You can report Canadian RRIF distributions in TurboTax under 

1. Wages & Income
2. Retirement Plans and Social Security
3. Canadian Registered Pension Income. 
4. Enter the full form information in US Dollars
5. Also, report the tax withheld under 
   1. Deductions & Credits 
   2. Estimates and Other Taxes Paid
   3. Foreign Taxes 
   4. This will claim a foreign tax credit. 

[darble53]

johnb5677, the foreign tax section is asking for income category, capital gains, and other questions.  What income category do you suggest for RRIF disbursements; none looked appropriate to my untrained eye.   THANKS!

[DaveF1006]

It depends. Although retirement income is explicitly stated in its publication, foreign retirement income is considered investment‑type income, not earned income and not business income. That places it in the Passive category for IRS reporting purposes.