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March 8, 2022
Solved

How do I report an IRA distribution from Puerto Rico if I am a not a resident of the Island. I am however a US Citizen residing full time in USA?

  • March 8, 2022
  • 1 reply
  • 0 views
I can’t find any place in TurboTax to disclose this unearned income
Best answer by PattiF

You would add this as Less Common Income.

 

To enter this Income, please follow the steps below:

 

  • Open your return.
  • Click on Income & Expenses.
  • Scroll to the bottom under Less Common Income select Start (or Update) for Miscellaneous Income.
  • Choose Other reportable income at the bottom of the list and start​​​​​​

1 reply

PattiFAnswer
March 8, 2022

You would add this as Less Common Income.

 

To enter this Income, please follow the steps below:

 

  • Open your return.
  • Click on Income & Expenses.
  • Scroll to the bottom under Less Common Income select Start (or Update) for Miscellaneous Income.
  • Choose Other reportable income at the bottom of the list and start​​​​​​
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March 9, 2022

You were right on money! Thank you so much I was stressed out already and overwhelmed by the unnecessary complex and complicated volume of forms. I finished filling and all was accepted. Now I can finally relax.