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April 30, 2021
Solved

Foreign Retirement Plan Fund

  • April 30, 2021
  • 1 reply
  • 0 views

Do I need to report a foreign retirement plan fund which is still frozen until my retirement age?
If yes, how can I do that in the TurboTax?

    Best answer by linaj20201

    You only need to report to the IRS when you receive it. If you won't receive it until you retire, you do not need to enter on your 2020 US tax return.

    1 reply

    May 6, 2021

    You only need to report to the IRS when you receive it. If you won't receive it until you retire, you do not need to enter on your 2020 US tax return.