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posted Jun 6, 2019 2:25:25 AM

I live in the USA but earn a pension in Brazil. I pay my taxes in Brazil. Will I need to pay USA taxes on this foreign pension (double taxation)?

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1 Best answer
Expert Alumni
Jun 6, 2019 2:25:26 AM

It depends.  Technically speaking, the United States also taxes the income.  However, you can claim a credit for the taxes you are paying to Brazil by filing Form 1116, Foreign Tax Credit.  Here is an FAQ with more information:  https://ttlc.intuit.com/replies/3302405

You also need to know how to enter your pension income.  The following TurboTax FAQ will guide you with this as well:  https://ttlc.intuit.com/replies/3290703

1 Replies
Expert Alumni
Jun 6, 2019 2:25:26 AM

It depends.  Technically speaking, the United States also taxes the income.  However, you can claim a credit for the taxes you are paying to Brazil by filing Form 1116, Foreign Tax Credit.  Here is an FAQ with more information:  https://ttlc.intuit.com/replies/3302405

You also need to know how to enter your pension income.  The following TurboTax FAQ will guide you with this as well:  https://ttlc.intuit.com/replies/3290703