Filling 1099-R for CaNADIAN RETIREMENT INCOME (RMD)

[vinodmehta]

Hi,

I am having problem to fill my 1099-R.

I am a us citizen.  I get RMD from my US IRA account and RMD from CIBC, Canadian financial inst.

I get Canadian NR4 slip showing that CIBC has withheld my 15 % taxes.  When fill 1099-R for CIBC  the form ask me to fill foreign payer  Fedral ID which I do not have.  If leave Payer id blank , the RMD amount  and taxes will not show on my 1040.  

Question is: How to report on 1099-R Canadian RMD income and taxes.

Thank you in advance.

[removed]

[DianeC958]

To add Canadian Form NR4, code 39 as if it were Form 1099R (retirement income):

1. Sign In to TurboTax Online.

2. Select "Take me to my return"

3. Select the "Search" or "Help" icon.

4. Type "1099-R" and select "Jump to 1099-R" 

5. Select "Add a 1099-R" and continue through the interview questions.

To add the foreign taxes paid :

1.  Click “Federal Taxes” tab 
2.  Select "Deductions and Credits" 
3. Scroll down to "Estimates and Other Taxes Paid" 
4. Press "Start" or "Revisit" next to "Foreign Taxes" to begin the interview enter the foreign taxes paid to Canada on your NR4.

For the Employer ID Number you can enter 11-1111111.

[vinodmehta]

DianeC958,

Thank you you so much.  I will fill out 1099-R as per your advise and let you know the outcome.

God Bless you.

Vinod Mehta