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How can I add US pension income?

 
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How can I add US pension income?

Entering any foreign amounts into TurboTax varies depending on the version of software you're using. Before you begin, there are a couple of general things to keep in mind:

  • You must enter income, pension, and any other amounts into TurboTax, even if your amounts aren’t reported on T-slips.
  • If the amounts on your foreign income slip are reported in a foreign currency, convert them to Canadian dollars before entering them. If the amount was paid at various times throughout the year, use an average annual exchange rate.
  • For foreign nonbusiness income that isn't on a T-slip (including US Social Insurance), do not convert the amounts to Canadian dollars before entering them. TurboTax converts the amounts automatically based on the exchange rate you enter.

 

To add your foreign income, please follow the steps provided.

  • If you are using TurboTax Online:
  • Select Find (or the magnifying glass icon) from the TurboTax menu.
  • In the Find window, type foreign.
  • Select Foreign income from the options that appear, then select Go.
  • At Foreign Income Summary, select Enter New Foreign Income.
  • At Foreign slip, complete the foreign income slip and select Done With Foreign Income.
  • Repeat steps 4 and 5 for each new slip and amount you need to enter.
  • Select Continue.
  • If you are using TurboTax CD/download:
  • Select Find (or the magnifying glass icon) from the TurboTax menu.
  • In the Find window, type t-slips and select Go.
  • Select T-slips from the options that appear, then select Go.
  • At Entering your federal T-slips, select Foreign Slip.
  • Select Continue until you arrive at Foreign Slip.
  • Complete the foreign slip and if it's the only one or the last one, go to Step #8.
  • Select Enter Foreign Income, go to Step #6.
  • Select Done With Foreign Income.
  • At Foreign Income - Summary, enter any portion of foreign income exempt under a tax treaty.
  • Select Done With Foreign Income.

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