How should I report a pension payment from a foreign country?

lesv-berry — Tue, 04 Jun 2019 20:05:08 GMT

To report foreign pension income, you should prepare a su...

EdwardK — Tue, 04 Jun 2019 20:05:09 GMT

To report foreign pension income, you should prepare a substitute Form 1099-R.

Per the IRS Instructions for Form 2555 Page 3, "Foreign earned income doesn't include amounts that are actually a distribution of corporate earnings or profits rather than a reasonable allowance as compensation for your personal services. It also doesn't include the following types of income.

Pension and annuity income (including social security benefits and railroad retirement benefits treated as social security)."

Thus, please review the following TurboTax FAQ to enter a substitute Form 1099-R:

https://ttlc.intuit.com/replies/4194737

Then, on the Tell Us Which 1099-R You Have screen, select I need to prepare a substitute 1099-R.

topic How should I report a pension payment from a foreign country? in Deductions & credits

How should I report a pension payment from a foreign country?

To report foreign pension income, you should prepare a su...