pk
Level 15
Level 15

Deductions & credits

@nhkyn ,  Salam Aliquom

(a) Are you a US person ( citizen/GreenCard/ Resident for Tax purposes ) ?  If not US citizen, then citizen of which country ?  If you are on  work visa -- Resident for  Tax Purposes , which visa ?

(b) Your  pension distribution  you said is lump sum  , does this mean a total distribution ?    Why is the taxable amount different from gross distribution ?  Is this   because of your own contribution or what ?

(c) Was this your first year of pension -- is this because you are no longer a UK resident, because of age or what ?

(d) Are you currently in the USA or in the UK ?

 

I am trying to understand the  whole situation, specifically for treaty considerations,  taxability of the pension amount etc.   Obviously  and based on your answers, there may be more  questions to answer.

 

I will circle back once I hear from you --yes ?

 

pk