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Old 12-30-2007, 06:45 PM
byazcpa
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Default Re: United Kingdom state pension

On Dec 27, 6:06 pm, abr...[at]junkmail.com wrote:
- quote -

> 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?


You have to read the US/UK tax treaty to see how it applies to this
type of income

- quote -

> I know that Canada CPP and OAS benefits are treated the same way as SS
> income if you reside in US.


The Canadian/US tax treaty likely will have different provisions than
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
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may be
imposed on the taxpayer."

(The foregoing legend has been affixed pursuant to U.S. Treasury
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governing tax practice.)





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--
<< ------------------------------------------------------- > << 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. > << ------------------------------------------------------- >
  #2  
Old 12-28-2007, 03:35 PM
Alan
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Default Re: United Kingdom state pension

parrisbraeside[at]yahoo.ca wrote:
- quote -

> On Dec 27, 9:29 pm, ebet...[at]msn.com wrote:
> > 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
benefits is in paragraph 5 of Article XVIII of the U.S. - Canada
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. > << ------------------------------------------------------- >
  #1  
Old 12-28-2007, 11:59 AM
parrisbraeside@yahoo.ca
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Posts: n/a
Default Re: United Kingdom state pension

On Dec 27, 9:29 pm, ebet...[at]msn.com wrote:
- quote -

> 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 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. > << ------------------------------------------------------- >
 
Old 12-28-2007, 01:29 AM
ebetts3@msn.com
Guest
 
Posts: n/a
Default Re: United Kingdom state pension

On Dec 27, 6:06*pm, abr...[at]junkmail.com wrote:
- quote -

> 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.

--
<< ------------------------------------------------------- > << 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. > << ------------------------------------------------------- >
  #-1  
Old 12-27-2007, 10:06 PM
abripl@junkmail.com
Guest
 
Posts: n/a
Default United Kingdom state pension

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. > << ------------------------------------------------------- >
 

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kingdom, pension, state, united
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