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J
jakobruchti
March 20, 2024
Question

Where do I enter monthly social benefits received from Switzerland

  • March 20, 2024
  • 1 reply
  • 0 views
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1 reply

M
MayaD
March 20, 2024

You will report your monthly Social Benefits from Switzerland under Other reportable income. 

On your return.

  1. Go to Federal Taxes
  2. Select Wages & Income
  3. Scroll down to Less Common Income and click to expand that section
  4. Click start next to Miscellaneous Income, 1099-A, 1099-C
  5. Click start next to "Other reportable income" 
  6. Answer Yes to "Any Other Taxable Income?"
  7. Enter a description, the amount and click on Continue

The Income will show on schedule 1 line 8z and will carry over to form 1040 line 10 

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