Forms W-2 and 1099-R both require an employer identification number in order to e-file. When income is reported by a foreign employer that doesn't have an EIN, both wages and pension, it is entered in the individual tax return in TaxSlayer Pro in a separate menu as Foreign Employer Compensation (FEC).
To enter FEC, from the Main Menu of the tax return (Form 1040), select:
- Income
- Other Income
- Other Compensation
- Foreign Employer Compensation - Select Begin
- The employer ID number is optional. The employer name and address are required.
- Enter the amount of foreign compensation, pension, and taxable pension in the spaces provided.
- When you have finished entering the FEC information, select Continue.
Note: This is a guide to entering Foreign Employer Compensation into the TaxSlayer Pro program. This is not intended as tax advice.
Additional Information:
Publication 901, US Tax Treaties