Tax2022
Level 1
03-03-2022
11:03 AM
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I received pension income from the UK in 2021. How should this be reported on my tax return. Should I use form 1099-R in ProSeries or is there some other method for reporting this type of income?
jeffmcpa2010
Level 11
03-03-2022
11:09 AM
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I have used the Other Income Statement with an entry on line 24
dascpa
Level 11
03-03-2022
12:01 PM
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I agree. With the exception ProSeries has a "Certain Canadian Registered Retirement Plans" Worksheet. Never used it though.
qbteachmt
Level 15
03-03-2022
12:08 PM
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There is no 1099-R.
I googled:
reporting uk pension on us tax return
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Don't yell at us; we're volunteers
abctax55
Level 15
03-03-2022
12:15 PM
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You received? Or a client received?
HumanKind... Be Both
sjrcpa
Level 15
03-03-2022
12:26 PM
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I report as pension income, but in Lacerte you can indicate foreign pension and not get 1099-R errors.
The more I know the more I don’t know.
