Skip to main content
Level 1
March 3, 2022
Question

Tax Reporting for Foreign Pension Income

  • March 3, 2022
  • 4 replies
  • 30 views

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?

This topic has been closed for replies.

4 replies

Level 10
March 3, 2022

I have used the Other Income Statement with an entry on line 24

dascpa
Level 11
March 3, 2022

I agree.  With the exception ProSeries has a "Certain Canadian Registered Retirement Plans" Worksheet.  Never used it though.

qbteachmt
Level 15
March 3, 2022

There is no 1099-R.

I googled:

reporting uk pension on us tax return

Don't yell at us; we're volunteers
abctax55
Level 15
March 3, 2022

You received?  Or a client received?

HumanKind... Be Both
sjrcpa
Level 15
March 3, 2022

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.