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Level 1
posted Oct 7, 2023 7:29:52 AM

foreign tax credit and US social security

I'm an US citizen resident in the UK. I get US Social Security and pay UK taxes on it. Do I re-source this on form 1116? (I usually don't include it on my 1040 but take a treaty position on it, but this year I have to show it on my 1040. Since UK tax is higher than US tax, I never owe US tax.)

0 4 422
4 Replies
Level 15
Oct 7, 2023 7:56:02 AM

@pk

Level 15
Oct 7, 2023 11:58:21 AM

@marty8445 ,  have you looked at the article 17  of US-UK tax treaty ?  Because  it pretty much calls out which country can tax the Social Security and similar government  pension  scheme  benefits.

 

I am not clear  from your post as to what you have been doing  with Social Security benefits  in the past years  and why you want to change.

 

Please answer and I will circle back.

 

pk

 

 

Level 1
Sep 13, 2024 10:09:11 AM

I pay tax on it in the UK and on my US return I leave it out and take a treaty position, art 17

Level 15
Sep 13, 2024 10:52:31 AM

@marty8445  Do you still need support on this ?