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-   -   Do I owe more tax on my pension withdrawal (https://www.askmehelpdesk.com/showthread.php?t=549342)

  • Jan 30, 2011, 10:25 AM
    Raymondo14
    Do I owe more tax on my pension withdrawal
    I am a non US citizen that worked in California from Aug 2005 till April 2010
    I paid taxes each year but am now living back in Europe but may go back to work in the states in a few years if my career dictates
    I am trying to file my tax return for 2009-2010
    When I resigned my job I had to wait 30 days then was able to withdraw my pension that had accumulated over the almost 5 yes of work. I withdrew all the pension & 20% was withheld as federal tax
    I've got the 1099-R form and am trying to fill in my 1040 now
    Will I have to pay more tax? I'm confused as to whether the IRS double dips or if I've paid my 'dues'

    Any advised appreciated
  • Jan 30, 2011, 11:02 AM
    MukatA

    Your 2010 tax return will be dual status tax return. Pension withdrawal will be reported as income.

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