in [Event] Lincoln Financial + TurboTax | Ask the Experts About Your Taxes
My wife recieves a monthly Canada Pension check. She is now a US citizen and we both live in the US.
Since we live in Texas we do not have to file a State tax return.
Where in TurboTax Premium do I enter the total amount of money in US dollars that she receives each year?
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You need to enter a substitute Form 1099-R in TurboTax to report her pension income.
To enter a substitute form 1099-R in Turbo Tax Desktop follow these instructions:
To enter a substitute form 1099-R in Turbo Tax Online follow these instructions:
You enter the distribution amount in box 1 and choose a code for box 7 that best explains the purpose of the distribution. Code 7 is used for a normal distribution.
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