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Retirement tax questions
If this is your money, just being moved from one country to another, it is not taxable. If part of the money includes interest or dividends, that part is taxable income. You can report it as interest income, just select "I did not receive a 1099-INT" and answer the questions about who the payer was. (The interest is reported as the USD equivalent as of the date it was paid, you can look up the exchange rate online.)
‎September 17, 2024
11:49 AM