Hi Susan,Thank you for the response. Is there a CPA in NYC area who specializes in taxation of foreign pensions? We really don't know how to approach this issue...
Quite honestly, the US/Japan tax treaty is not helping here, it basically says that the tax should be paid in a country of residency, I spoke to a Japanese CPA ...
I understand, that she would have to pay tax on earnings, but in Japan she would only have to pay tax on 50% of those earnings. Additionally, majority of those ...
I understand, that she shouldn't be taxed on her contributions, our main concern is the income on those contributions. Let's say she contributed $70,000 of her ...