There are certain requirements that must be present on a Form W-2 (or Form 1099-R), including the Employer Identification Number (for a Form W-2) or Payer's Federal Identification Number (for a Form 1099-R). If the income is foreign income, and you did not actually receive a Form W-2 or Form 1099-R, then you should not fill out those forms in the program. You should instead complete the worksheet FEC Foreign Employer Compensation. This income will appear on Form 1040, Line 7 (if entered in the Foreign Employer's Compensation Amount field) or Form 1040, Line 16 (if entered in the Foreign Pension Received or Taxable Amount of Foreign Pension fields).
To enter foreign wages or foreign retirement income reported to a taxpayer by means other than a Form W-2 or Form 1099-R in the TaxACT program, follow the appropriate steps below.
Foreign Retirement Income:
The FEC worksheet is not an IRS form, but is a worksheet only in the TaxACT program used to collect the information and transfer it to the appropriate place on the return. All information entered on the worksheet is transmitted with the return if it is electronically filed. If the return is paper filed, there is no documentation required to be sent with the return. The IRS will contact the taxpayer if they need any additional information on the amount entered on the return for foreign wages or foreign retirement income. If you would still like to print the FEC worksheet to mail with the return, the following steps will allow you to do that.
NOTE: If, after you click Custom Print in Step 3 above, you see the message "No forms (or documents) available to print," you will need to click View/Pay your return fees which will bring you through the Paper Filing steps. Continue through those screens until you have processed the payment for your product fees.