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Isabel4
New Member

inherited ira distributions

As a us citizen living in germany will the german income tax paid on inherited ira distributions be deductible on my us return form 1116?

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2 Replies
pk
Level 15
Level 15

inherited ira distributions

 
pk
Level 15
Level 15

inherited ira distributions

@Isabel4 , depending on the exact facts and  circumstances, your German taxes  should be eligible for Foreign Tax Credit.

Note to achieve this , you have to "resource by  treaty "   so there is foreign income ( distribution  from the IRA ).

 

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