Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 4, 2022 10:25:41 PM

Should I have an exception if the early pension withdrawal is from a foreign pension which the foreign country approved in a law decree regardless age,

should I claim early withdrawal with exception (the exception of age is  in the foreign country)

0 2 615
1 Best answer
Level 7
Feb 5, 2022 1:44:31 PM

There will be no early withdrawal penalty for foreign pension.

 

You report your foreign pension under less common income. 

  • Open your TurboTax
  • Click on Wages and Income 
  • Click on the less common income
  • Click on Miscellaneous income
  • Click on other reportable income
  • Enter the foreign pension 

 

Click on the link for more information

 

Foreign pension

2 Replies
Level 7
Feb 5, 2022 1:44:31 PM

There will be no early withdrawal penalty for foreign pension.

 

You report your foreign pension under less common income. 

  • Open your TurboTax
  • Click on Wages and Income 
  • Click on the less common income
  • Click on Miscellaneous income
  • Click on other reportable income
  • Enter the foreign pension 

 

Click on the link for more information

 

Foreign pension

New Member
Feb 7, 2022 6:10:34 AM

Thank you