branmin

Sorry, must have been mentioned many times and I'm going through old posts but just wanted to make sure. I presumably have to declare my UK state pension for my wife and I for the year. Goes into a UK bank and haven't touched it so far. Presumably that is income though, but just checking if its added to my gross income over here and thereby taxed accordingly.
Thx. Brain just not functioning.

lansbury

I declare my UK State pension and pay US tax on it. The fact you leave it in the UK makes no difference.

tht

I think you are confusing the concept of “remittance” with the US concept of “world wide income”. If you are a Brit and leave the UK for long enough and are paid abroad and keep the income abroad it is not taxed in the UK. If you are a US person by the IRS definition they want to know about your worldwide income and assets, they don’t care if you remit it to the US or keep it outside, they will tax you on it, that said in some cases you may get a foreign earned income exemption or a double taxation treaty may help.

branmin

Thx Guys..and Lansbury.

Cook_County

If foreign income or information returns were omitted, the IRS official Streamlined Domestic Procedures exist to enable one to catch up at a relatively modest cost: https://www.irs.gov/individuals/inte...-united-states