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How to report a Canadian Pension NR-4 in Lacerte

by Intuit•1• Updated 1 year ago

If input related to Canadian pensions is used, the return must be paper-filed. Lacerte doesn't create an electronic copy of the Canadian NR4. An electronic copy of a 1099-R is required for e-filing.

Canadian Pension is treated the same as if it were a US pension reported on a 1099R; social security the same as US Social Security.  Taxable amounts are reported on Line 16, just like other pensions.

  • Make sure to convert the Canadian amounts on the 1099R to US dollars; and
  • Don't forget to take the foreign tax credit on tax withheld (which also must be converted to US dollars).
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