I am receiving a monthly social security payment from a foreign country. A tax treaty with this country makes social security equivalent income taxable only in the country where the payment comes from. Since there is no tax on this income and it amounts to less than $ 10,000.00 a year, do I still have to report it on the federal tax return? I live in Ohio and Ohio also adheres to the tax treaty and does not tax foreign social security equivalent incomes.
