IRS
Jan 14th 2017, 8:50 pm
#16
BE Forum Addict
Joined: Aug 2004
Posts: 4,754
Re: IRS
You must declare your worldwide income on you 1040 and pay US tax in full. You have two options for the UK tax on UK source pensions.
1) File a UK self assessment and use foreign tax credits to offset the UK tax due and claim back any tax withheld.
2) As you are a US resident and a UK non-resident you can use the treaty so that your pensions are not taxed in the UK and there is no withholding.
Most people choose the second option.
1) File a UK self assessment and use foreign tax credits to offset the UK tax due and claim back any tax withheld.
2) As you are a US resident and a UK non-resident you can use the treaty so that your pensions are not taxed in the UK and there is no withholding.
Most people choose the second option.
