Pension help

Pleading for help! I'm stumped on pension contributions.

After preparing my tax return I realized I need to report pension contributions, but I'm confused as to where this should go on the form.

Basically, I opened a Halifax Stakeholder Pension Plan in May 2007. Once a month I have my contribution debited from my UK checking account not my pay check. (So it's money that's already been taxed) My employer matches 5% of my contribution and that goes directly into my Halifax pension plan.

I'm already including my own contributions in my wages on both the 2555EZ and 1040, but where do I report the employers 5% match?

Also, I've read about a valid tax treaty being filed, but I do not understand. Does this have a form number?

Sorry to be so naive about something that may be simple. Any help would be much appreciated.

Laurie

1)  If you pay tax on the pension, you can not claim any treaty benefits, so your treaty question is moot.

2)  Technically, all wages, including your employer's matching contributions and your contributions, go on line 7.  All go on Form 1116.  All EXCEPT matching employer's contributions go on 2555.

3)  In practice, you may have to enter the employer pension contributions on a separate line (line 21), as most tax programmes do not have the facility to notate an item being allowed for 1116 but not for 2555.

Thanks so much for your help Lizzit!