TAX QUESTION: HOW TO REPORT LUMP SUM PAYMENT FROM FOREIGN RETIREMENT ACCOUNT?

July 3, 2009 | By admin In retirement account |

my spouse (resident alient) got her withdrawal statement paying discover from here japanese employer when she quit. she paying japanese taxes on this. For the chronicle of my I cannot amount discover how to inform this income and tax. modify 1116? modify 4972? some support is appreciated.

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1 Comment so far

peachygu on July 3rd, 2009

The U.S. and Japan have a treaty that states that income can not be double taxed by both countries. Check out http://www.irs.gov for more information.