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billygkat
New Member

I received compensation for work done outside the country, the company will not provide a W2 or foreign equivalent, how do I record that income ?

 
1 Best answer

Accepted Solutions
MargaretL
Expert Alumni

I received compensation for work done outside the country, the company will not provide a W2 or foreign equivalent, how do I record that income ?

You can enter foreign income without any forms, actually. It has special data entry and it accounts for all situations of foreign income.

To enter worldwide/foreign income in Turbo Tax:

  1. Federal Taxes
  2. Select Wages and Income 
  3. Scroll down to Less Common Income
  4. Select Foreign Income and Exclusion - Answer “Yes” to “Did you make any money outside the United States?” and follow the interview questions. You will be asked to enter income from a U.S company, a foreign company, self-employment income, housing allowance, income from a Form W-2, 1099-MISC, schedule K-1 from a business or simply cash income - check the box A statement from my foreign employer (could be cash).

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3 Replies
MargaretL
Expert Alumni

I received compensation for work done outside the country, the company will not provide a W2 or foreign equivalent, how do I record that income ?

You can enter foreign income without any forms, actually. It has special data entry and it accounts for all situations of foreign income.

To enter worldwide/foreign income in Turbo Tax:

  1. Federal Taxes
  2. Select Wages and Income 
  3. Scroll down to Less Common Income
  4. Select Foreign Income and Exclusion - Answer “Yes” to “Did you make any money outside the United States?” and follow the interview questions. You will be asked to enter income from a U.S company, a foreign company, self-employment income, housing allowance, income from a Form W-2, 1099-MISC, schedule K-1 from a business or simply cash income - check the box A statement from my foreign employer (could be cash).

billygkat
New Member

I received compensation for work done outside the country, the company will not provide a W2 or foreign equivalent, how do I record that income ?

Thank You
MargaretL
Expert Alumni

I received compensation for work done outside the country, the company will not provide a W2 or foreign equivalent, how do I record that income ?

My pleasure, good luck in 2017!
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