This year I started to receive a monthly pension of $ 421 from an employer retirement plan (Utrecht University, The Netherlands), and I received a lumpsum of $ 64,109 to make up for lost years. The money is sent to me from The Netherlands by ABP, a Dutch pension fund. No taxes are being withheld in The Netherlands, and I was informed by the Dutch tax service I cannot pay taxes on it in The Netherlands. I am retired and single, and my sources of income are pensions and annuities and social security. Are the monthly incomes from the Dutch pension and also the lumpsum fully taxable here in the US? These amounts are simply added to my other income to calculate the tax due?
