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New Member
posted Aug 20, 2021 8:16:39 AM

I am getting periodic payments form a 401K account from the US. Should I report this income in Line 11500 as pension?

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2 Replies
Level 3
Aug 20, 2021 8:40:30 AM

They will send you a 1099-R each year and you will report that on your taxes.

New Member
Sep 3, 2021 9:23:48 AM

Thank you. Should I report this income in Line 11500 as Pensions from a foreign country? And will it qualify for "Pension credit" of up to $2000?