Hello
Guest

Sponsored Links


Topic: Is tax free Lump Sum payment from UK Pension subject to US tax?  (Read 701 times)

0 Members and 1 Guest are viewing this topic.

  • *
  • *
  • Posts: 8

  • Liked: 0
  • Joined: Aug 2018
Is tax free Lump Sum payment from UK Pension subject to US tax?
« on: October 25, 2018, 03:55:18 PM »
I am a UKC/USC resident in the UK for over 40 years. I am confused about treaties concerning double taxation of pensions. My pension was from Universities Superannuation Scheme (USS) and I had a 25% tax free lump sum payment at the time my pension started.

Grateful for any clarification as to whether the IRS would tax this and by how much. I am hoping that it isn’t taxable.


  • *
  • *
  • Posts: 1582

  • Liked: 175
  • Joined: Nov 2012
  • Location: Eee, bah gum.
Re: Is tax free Lump Sum payment from UK Pension subject to US tax?
« Reply #1 on: October 25, 2018, 04:08:02 PM »
This question is better placed in the UK-US Tax forum. Maybe a Moderator would be kind enough to move it there.

https://talk.uk-yankee.com/index.php?board=11.0

Dual USC/UKC living in the UK since May 2016


  • *
  • *
  • Posts: 8

  • Liked: 0
  • Joined: Aug 2018
Re: Is tax free Lump Sum payment from UK Pension subject to US tax?
« Reply #2 on: October 25, 2018, 05:16:15 PM »
Thanks. I re-posted in the correct forum.


Sponsored Links





 

coloured_drab