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Level 2
posted Apr 10, 2020 10:53:19 AM

Do I need to report foreign company sponsored contribution to a foreign retirement plan? or only if a withdrawal happens ?

0 2 458
2 Replies
Expert Alumni
Apr 10, 2020 2:22:46 PM

Generally yes. The contribution should be included in your gross income, along with other foreign earned income.    

Level 2
Apr 11, 2020 5:40:39 AM

Hello @SusanY1 

I understand the generally yes - but when would "generally not" happen? Again, that money was not withdrawn and part of that is blocked for many years.

Thanks