Tax for foreign pension

[eromascanu52]

I am a US citizen, residing in US. I receive a monthly pension from Romanian government for the work done prior to my coming to the US. I use TurboTax Premier to file my return. Do I need to report this pension, and if yes, how?

[ThomasM125 · Accepted solution]

You do need to report the income as pension income, assuming there is not a tax treaty exempting it. You need to enter a substitute 1099-R form in TurboTax as follows:

1. Choose the Federal option on your left menu bar
2. Choose Wages & Income
3. Choose the Retirement Plans and Social Security menu option 
4. Choose IRA, 401(k), Pension Plan Withdrawals(1099-R)
5. Choose the enter 1099-R option
6. Choose Change how I enter my form
7. Choose Type it in myself
8. Choose Financial institution or other provider (1099-R)
9. Enter in as much information as you can regarding the pension income 
10. Work through that section until you see Do any of these situations apply to you?
11. Choose I need to file a substitute 1099-R
12. Complete the information requested

[eromascanu52]

Thank you Thomas.

[tax9999]

This substitue 1099-R doesn't work as it rejected without the ETIN. I don't have a ETIN as the company is from UK.  I tired to put a dummy number (i.e 11-1111111, 99-9999999) and it doen't work.  Please advise. Thanks

[AbrahamT]

In that case, try entering the income under Miscellaneous income as follows:

• To your left, select Federal
• From the top, select Wages and Income
• Scroll down to last section -Less Common Income -select  Miscellaneous Income, 1099-A, 1099-C- Start 
• Next screen, scroll down to Other Reportable Income- Start
• Follow prompts

For more detail see HERE

Enjoy the rest of your day!