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April 13, 2025
Question

reporting unearned income on turbo tax

  • April 13, 2025
  • 1 reply
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reporting foreign pension

    1 reply

    April 14, 2025

    You will need to make a substitute Form 1099-R entry in TurboTax to report your foreign pension income.

     

    To enter a substitute form 1099-R in Turbo Tax Online follow these instructions:

     

    1. Find the Retirement Plans and Social Security menu option in the Wages and Income section of TurboTax
    2. Start or Update IRA, 401(k), Pension Plan Withdrawals (1099-R)
    3. Choose Add (Another) 1099-R
    4. Choose I'll type it in myself
    5. Choose the source of your 1099-R form
    6. Enter your pension income into the Form 1099-R entry screens
    7. When you come to the screen that says Do any of these situations apply to you? Check the box that says I need to file a substitute 1099-R and follow the instructions

    Enter the pension income into the Form 1099-R entry screens as if it you had received that form.

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