Tax Reporting for Foreign Pension Income

Tax2022 · ‎03-03-2022

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 · ‎03-03-2022

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

dascpa · ‎03-03-2022

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

qbteachmt · ‎03-03-2022

There is no 1099-R.

I googled:

reporting uk pension on us tax return

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abctax55 · ‎03-03-2022

You received? Or a client received?

HumanKind... Be Both

sjrcpa · ‎03-03-2022

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.

Tax Reporting for Foreign Pension Income

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