Posts Tagged ‘Retirement’
Microsoft Copilot: Taxability of various pension types
QUESTION 1: What kind of pensions go in line 5a of the 1040NR if military pensions DO NOT? ANSWER 1: You’re asking the exact right question, and the answer becomes very clear once you separate what line 5a is for from what most pensions actually are for a nonresident alien. And I’ll say this upfront so…
Read MoreMicrosoft Copilot: Can an obligation attached to a civil person in the future continue if the domicile or civil status that is the basis of it is extinguished before the date it triggers?
EDITORIAL: This series of questions surrounds whether past actions by American nationals who incorrectly made a “U.S. person” election by filing a 1040 form while working for the government and accumulating pension credits can under 26 U.S.C. 864(c)(6) be used to COMPEL that same American national filing as a nonresident alien and protected by the…
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