Reporting CERB on Form 1040? Form? Line?
Moderator: Mark T Serbinski CA CPA
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- Posts: 13
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Reporting CERB on Form 1040? Form? Line?
I am a Canadian senior, USA permanent resident. I received the senior one time CERB payment ($300 Canadian) in 2020. (I add CPP and OAS to my social security retirement income). Can anyone tell me what 1040-SR related forms, line number, should be used to report the CERB payment?
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- Posts: 13
- Joined: Fri Jan 13, 2017 9:13 am
Re: Reporting CERB on Form 1040? Form? Line?
I am thinking "Schedule 1, line 8, Other Income." makes sense for the CERB entry, but I am not absolutely sure. Turbo tax gives me enough space to enter a full description. e.g. "Canada Emergency Response Benefit (CERB)"
Re: Reporting CERB on Form 1040? Form? Line?
Or line 7, which is for Unemployment benefits. either is fine.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best