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04/19/2013 at 09:23AM PDT
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darlene333
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03/04/11 12:54pm PST
Viewed by asker 03/05/11 7:33am PST

No W-2 for foreign earned income...

How would you report income from a foreign employer that doesn't produce W2's, and the taxpayer is a US resident?

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PhoebeRoberts
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03/04/11 1:03pm PST

 

Foreign Employer Compensation: 1 If Compensation Not Reported on W-2
Electronic Filing Information Screen 10; Code 69

 

Foreign Employer Compensation - Form FEC

Check the box to indicate the compensation reported is from a non-U.S. employer who did not issue a Form W-2.

When this box is marked, the e-file program creates Form FEC (Foreign Employer Compensation) records in the e-file.  Form FEC, along Form W-2, supports compensation amounts reported on Line 7 of Form 1040 and 1040A, and Line 1, of Form 1040EZ.  

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stecina
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04/03/11 5:11pm PDT

 I am  a residen Alien so a US Taxpayer, I worked for a foreign employer in the USA. My foreign employer provided me a tax statement that is a foreign one and not a USA w-2, how I should file it?

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sjrcpa
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04/03/11 6:28pm PDT

Report it as wages on a 1040.

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stecina
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04/03/11 6:52pm PDT

 thanks, so line 7 of 1040 form, so I have to create a fake w-2 report based on what the foreign employer gave me?

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sjrcpa
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04/03/11 7:46pm PDT

No you do not create fake anything.

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stecina
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04/03/11 7:59pm PDT

 so, in which line have I to put it in the form 1040?

If I put it in line 7 then am I obliged to fill the w-2? 

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04/03/11 8:08pm PDT

 In Lacerte, you just check the Foreign Wages box.  If you're using some other software, you need to ask in the forum for that software.

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stecina
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04/03/11 8:26pm PDT

 tks, I am using Turbotax

Anyway, the any software will follow the law, so my question is: by law my income has to go in form 1040... of course. Which line? line 7?

If it will go in line 7, then I have to fill a w-2 that I have not

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PhoebeRoberts
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04/03/11 8:36pm PDT

 You need to ask TurboTax how to do it.  Wages, regardless of whether US or foreign, go on Line 7.

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