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#3
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| On Dec 27, 6:06 pm, abr...[at]junkmail.com wrote: - quote - > Hi,
You have to read the US/UK tax treaty to see how it applies to this> We are US permanent residents. My wife just started getting some UK > state pension benefits. This is something every Britton gets as a > senior. Is this treated the same way as social security benefits for > tax purposes? type of income - quote - > I know that Canada CPP and OAS benefits are treated the same way as SS
The Canadian/US tax treaty likely will have different provisions than> income if you reside in US. the US/UK tax treaty So don't necessarily expect the same treatment ___________________________________ <<< Benjamin Yazersky, CPA [NJ & NY] > > -----> real address on hobokeni or hobokenx <----- "This written advice was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer." (The foregoing legend has been affixed pursuant to U.S. Treasury Regulations governing tax practice.) The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited. If you received this in error, please contact the sender and delete the material from any computer. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#2
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| parrisbraeside[at]yahoo.ca wrote: - quote - > On Dec 27, 9:29 pm, ebet...[at]msn.com wrote:
benefits is in paragraph 5 of Article XVIII of the U.S. - Canada> > On Dec 27, 6:06 pm, abr...[at]junkmail.com wrote Hi, > > > > We are US permanent residents. My wife just started getting some UK > > > state pension benefits. This is something every Britton gets as a > > > senior. Is this treated the same way as social security benefits for > > > tax purposes? > > > I know that Canada CPP and OAS benefits are treated the same way as SS > > > income if you reside in US. > > > -- > > No, you need to read the US/UK tax treaty. It doesn't get the same > > treatment a Canadian CPP & OAS. It's reported on Line 21 of 1040 as > > other income. > Canadian CPP & OAS is a result of the Social Security Treaty, not the > Canadian-US Tax Convention. There may be a UK-US Social Security > Treaty separate from the UK-US Tax Convention that you also need to > locate and read in your case. The application of the income tax to Canadian social security Income Tax Convention, not the bilateral social security agreement. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#1
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| On Dec 27, 9:29 pm, ebet...[at]msn.com wrote: - quote - > On Dec 27, 6:06 pm, abr...[at]junkmail.com wrote Hi,
Canadian CPP & OAS is a result of the Social Security Treaty, not the> > We are US permanent residents. My wife just started getting some UK > > state pension benefits. This is something every Britton gets as a > > senior. Is this treated the same way as social security benefits for > > tax purposes? > > I know that Canada CPP and OAS benefits are treated the same way as SS > > income if you reside in US. > > -- > No, you need to read the US/UK tax treaty. It doesn't get the same > treatment a Canadian CPP & OAS. It's reported on Line 21 of 1040 as > other income. Canadian-US Tax Convention. There may be a UK-US Social Security Treaty separate from the UK-US Tax Convention that you also need to locate and read in your case. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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| On Dec 27, 6:06*pm, abr...[at]junkmail.com wrote: - quote - > Hi,
treatment a Canadian CPP & OAS. It's reported on Line 21 of 1040 as> We are US permanent residents. My wife just started getting some UK > state pension benefits. This is something every Britton gets as a > senior. Is this treated the same way as social security benefits for > tax purposes? > I know that Canada CPP and OAS benefits are treated the same way as SS > income if you reside in US. > -- No, you need to read the US/UK tax treaty. It doesn't get the same other income. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#-1
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| Hi, We are US permanent residents. My wife just started getting some UK state pension benefits. This is something every Britton gets as a senior. Is this treated the same way as social security benefits for tax purposes? I know that Canada CPP and OAS benefits are treated the same way as SS income if you reside in US. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
| Tags |
| kingdom, pension, state, united |
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