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Retirement tax questions
However, if this old age German retirement income is a German Social Security payment and you live in the US, according to the tax-treaty between Germany and the US, it has to be treated and reported the same way as a US Social Security payment. That means that the payment is not or only partly taxable (max 85%), depending on total income. I think the only way to report this is by adding this payment to your SSA-1099 payment.
March 27, 2023
10:03 AM