I know this is a dumb question, so please be kind.
I keep reading in posts about "entering the tax treaty". How do I tell HMRC and IRS that I want to use the treaty? I've never seen the question asked on any tax form. I just assumed I fill out the appropriate 1116 forms for Foreign Tax Credit. I see nothing on HMRC when I do my self assessment. I am aware that I pay UK tax on foreign income, and then claim FTC. I am a dual US/UK citizen, UK resident, who lived in USA for over 30 years then moved permanently back to the UK. I'll be getting SS in a few years and know that is taxed only in the UK. I have an IRA in the US that I am withdrawing from, and that is why I need to use the treaty.
Additionally, do I have to pay US tax upon each withdrawal from the IRA even though I won't owe any tax after the credit is given.
Thanks for your time. This forum is invaluable.