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Retirement tax questions
Hi Mary,
I read many questions on related to my case in Turbo Tax Community. I am still not clear with reporting this Singapore Pension.
Let me list out my questions:
1. This Singapore Pension (CPF) is owned by government entity.
2. The contribution bears interest which is given by CPF
3. I follow your suggestion to report in the tax filing and now I owe $16K to Federal
4. I am staying in Malaysia and I am working in Malaysia. I don't have any US dollars to pay what I owe to Federal
Did I enter anything incorrect? As I mentioned this contribution was done before the US citizenship, why do I need to pay the tax to the Federal?
Thank you
lee
March 9, 2025
9:22 AM