Author Topic: My contributions and employer contributions to UK pension  (Read 4867 times)

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Offline Barcrest

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Re: My contributions and employer contributions to UK pension
« Reply #30 on: April 14, 2012, 10:39:38 PM »
I think, but this is a guess, so take it with a pinch of salt... Question 4 refers to the tax treaty article, which is 17, or maybe 18.

Just curious, do you plan to do the renunciation of USC through a CPA, or go it alone? Does renunciation have any effect on SS retirement benefits, 401(k) distributions? Anything adverse apart from the obvious?

Offline DrSuperL99

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Re: My contributions and employer contributions to UK pension
« Reply #31 on: April 14, 2012, 10:57:40 PM »
I left the US at the age of 22 after university, so no SS or 401(k) to worry about. I planned to do it myself; I've never heard of doing it through a CPA, why would I need to do that?
Question 1b asks what treaty article you're relying on, question 4 seems to be asking for something more specific than that, but it's so badly written that it makes no sense. *sigh* I fear I may have to cough up money for professional help on this. I definitely can't afford to actually pay the tax on the contributions.
Arrived as student 9/2003; Renewed student visa 9/2006; Applied for HSMP approval 1/2008; HSMP approved 3/2008; Tier 1 General FLR received 4/2008; FLR(M) Unmarried partner approved (in-person) 27/8/2009; ILR granted at in-person PEO appointment 1/8/2011; Applied for citizenship at Edinburgh NCS 31/10/2011; Citizenship approval received 4/2/2012
FINALLY A CITIZEN! 29/2/2012

Offline Barcrest

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Re: My contributions and employer contributions to UK pension
« Reply #32 on: April 14, 2012, 11:55:25 PM »
I've never heard of doing it through a CPA, why would I need to do that?
[/quote]

Some people are "Covered expatriates". Form 8854 then requires more information. Briefly looking at the instructions, you still have to file every year form 8854 if you're considered a "Covered expatriate". (Taxation Under Section 877)

Good luck with it...

Offline DrSuperL99

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Re: My contributions and employer contributions to UK pension
« Reply #33 on: April 15, 2012, 01:20:25 AM »
Hahaha, I am not even close to being a covered expat.
Arrived as student 9/2003; Renewed student visa 9/2006; Applied for HSMP approval 1/2008; HSMP approved 3/2008; Tier 1 General FLR received 4/2008; FLR(M) Unmarried partner approved (in-person) 27/8/2009; ILR granted at in-person PEO appointment 1/8/2011; Applied for citizenship at Edinburgh NCS 31/10/2011; Citizenship approval received 4/2/2012
FINALLY A CITIZEN! 29/2/2012