Quick tax questions
Apr 10th 2018 | 4:24 am
#1
Thread Starter
Forum Regular
Joined: Oct 2008
Posts: 163
From: Norwich, Vermont
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 am
#2
BE Forum Addict
Joined: Apr 2011
Posts: 1,118
From: The Shire
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 am
#3
Forum Regular
Joined: Nov 2016
Posts: 256
From: Rural BC
Re: Quick tax questions
The UK is 181 days a year.
Apr 16th 2018 | 9:55 am
#5
Forum Regular
Joined: Nov 2016
Posts: 256
From: Rural BC
Re: Quick tax questions
Sorry I meant to type 183.
Apr 17th 2018 | 2:27 am
#6
BE Forum Addict
Joined: Aug 2013
Posts: 4,836
From: Eee Bah Gum
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.)
