Quick tax questions
Apr 10th 2018, 4:24 pm
#1
Forum Regular
Thread Starter
Joined: Oct 2008
Location: Norwich, Vermont
Posts: 163
Quick tax questions
Having recently moved back to the UK from the US, I'm going to be living with a foot in both countries for a year.
Which form must be filed with the IRS to prevent the UK collecting taxes on my US retirement income?
How long must I stay in the UK yearly to be considered a resident?
Thank you.
Which form must be filed with the IRS to prevent the UK collecting taxes on my US retirement income?
How long must I stay in the UK yearly to be considered a resident?
Thank you.
Apr 10th 2018, 7:10 pm
#2
BE Forum Addict
Joined: Apr 2011
Location: The Shire
Posts: 1,117
Re: Quick tax questions
https://home.kpmg.com/content/dam/kp...-flowchart.pdf
The long, more detailed answer:
https://assets.publishing.service.go...nal_078500.pdf
In other words, it depends on your individual circumstances.
Apr 16th 2018, 9:39 pm
#3
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Joined: Nov 2016
Location: Rural BC
Posts: 256
Re: Quick tax questions
The UK is 181 days a year.
Apr 16th 2018, 9:55 pm
#5
Forum Regular
Joined: Nov 2016
Location: Rural BC
Posts: 256
Re: Quick tax questions
Sorry I meant to type 183.
Apr 17th 2018, 2:27 pm
#6
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Joined: Aug 2013
Location: Eee Bah Gum
Posts: 4,131
Re: Quick tax questions
There is no form that I am aware of that you file with the IRS to stop HMRC collecting taxes on your US retirement income. HMRC has no means to collect payments on a US retirement account, you must declare payments or distributions from a US retirement account on a self assessment and then pay any taxes due to HMRC. (This is assuming that you are UK resident. Note also that distributions from a US retirement account are not always HMRC taxable, for example Roth retirement account distributions are tax free in both countries.)
