petersen63
Feb 17, 2013, 03:00 PM
I started receiving swiss social security, do I need to report this on the 1040? If so how, since I have not recevied any written tax documents or any other forms other than the monthly wire confirmation wiring the funds into my US checking account.
AtlantaTaxExpert
Feb 17, 2013, 03:20 PM
Under Article 19 of the U.S.-Swiss Tax Treaty, who taxes the Swiss Social Security dependns on your residency status.
If you are a U.S. resident, then the U.S. government taxes the Swiss Social Security.
If you are a Swiss resident, then the Swiss government taxes it.