glendale202-mtm[at]yahoo.com says...

- quote -

Thank you very much Alan, that was fantastic help.

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Wayne Fulton wrote:

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Under the tax treaty between the two countries, payments
from the Netherlands social security system to a resident
of the US or citizen of the US are only taxable by the
Netherlands. See Article 19 paragraph 4 of the treaty.
http://www.irs.gov/businesses/corpor...=96739,00.html

--
Alan
http://taxtopics.net

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I'm in the US. My wife (joint return) gets a small monthly
payment from the Netherlands AOW pension, which is something
like their equivalent of SS.

The money is deposited here by an American bank, but there
was no 1099. The Netherlands sent their own annual
statement, also not a 1099, showing total value in Euros.
So I guess my own records of US dollars actually deposited
is the only record of this amount.

It is income, so I assume it is taxable. I entered it in
TaxCut under 1099R, selecting the option of "no 1099". I
was surprised to discover taxes increased about double what
I expected, both on that taxable income, and also tax on my
own received SS increased a similar amount. Does this sound
right? This is my first year on SS. I am past full age for
my SS. I do have other income to exceed the SS limits.

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