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You have no options, the withdrawal will be added to your french income and you pay french taxes for your total income.

Lots of questions regarding k401 withdrawals. The answer is really straight forward.
1) If you withdraw before age 59 1/2 there is always a 10% US withdrawal penalty.
2) Whenever you withdraw, you...

The answer from IntlTax is absolutely correct, I would like to add one differentiation though.
Siew will be subject to a initial US 30% withholding on the distribution that will be augmented later...

Thank you to "IntlTax" and "AtlantaTaxexpert" for your persistence in answering this thread!

Now I know how to prepare and plan for my distribution. My combined tax savings, given the right...

This is an easy Q. to answer: I assume that your k(401) does not contain any after-tax component. It consists only of pre-tax investment and "earnings and accretions" (=gain on money in account). You...

Thank you all. Lets close this thread now and refer all continued Q&A to the original thread instead. Opening this special thread was a mistake of mine, my bad! It all belongs in the original k(401)...

Thanks,

Please help me to understand your reference to "Sections 871 and 881". What does this refer to? :confused:

I probably should know but I do not...

Pub 901, pages 35--37 provides taxrates for different sources of income that clarifies the tax situation when you reside in a country with a tax treaty. Using these tables, I deduce that the taxrate...

Correction to my question above (rates!)

"Specifically, related to previous answers:
The 1040NR form, page 4, item 78-87 has a table with rates, 10%,15%,30%. This should be explained on page 28...

My question is only focused on the US tax effects, given that I elect to be subjected to taxation in the US. If this becomes outrageously high, I will migrate to a country with a tax treaty and a tax...

Assume that I am not subjected to a tax treaty, hence will be taxed in the US only. Country is only relevant if a tax treaty applies and then the tax will be calculated according to the rules of the...

Now connected to the right thread:

I really appreciate your efforts to answer this question thread! It seems to me that "AtlantaTaxExpert" and "IntlTax" provides different answers as to the level...

I really appreciate your efforts to answer this question thread! It seems to me that "AtlantaTaxExpert" and "IntlTax" provides different answers as to the level and mechanism of US taxation.
I...