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soriano2958
New Member

Does the SSS Pension from the Philippines needs to be declared as an unearned income here in the United States?

I just read somewhere that there is a Tax Treaty between USA and Philippines exempting Philippine government pensioners residing in the USA for imposing tax on said pension.  Please correct me if I am wrong.
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DaveF1006
Employee Tax Expert

Does the SSS Pension from the Philippines needs to be declared as an unearned income here in the United States?

There is a tax treaty between the Philippines and the US. This tax treaty prevents you from being double taxed in both countries for the same income. However you are required to report all your worldwide income on your US tax return. If you paid income tax in the Philippines on your pension, you can claim the income tax paid as a foreign tax credit on your US return

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1 Reply
DaveF1006
Employee Tax Expert

Does the SSS Pension from the Philippines needs to be declared as an unearned income here in the United States?

There is a tax treaty between the Philippines and the US. This tax treaty prevents you from being double taxed in both countries for the same income. However you are required to report all your worldwide income on your US tax return. If you paid income tax in the Philippines on your pension, you can claim the income tax paid as a foreign tax credit on your US return

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

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