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Old 10.05.2016, 14:36
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US Tax on 2nd pillar as a Swiss resident

Howdy Folks,

I have a quick question.
If I include my 2nd pillar contribution PLUS my employer's 2nd pillar contribution AND the interest gained during the year as income on my 1040 what portion of my befeits will be taxed by the IRS when i retire?

thanks,
UT
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Old 10.05.2016, 14:39
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Re: US Tax on 2nd pillar as a Swiss resident

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Howdy Folks,

I have a quick question.
If I include my 2nd pillar contribution PLUS my employer's 2nd pillar contribution AND the interest gained during the year as income on my 1040 what portion of my befeits will be taxed by the IRS when i retire?

thanks,
UT
None as it's all already been taxed.........
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Old 10.05.2016, 14:48
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Re: US Tax on 2nd pillar as a Swiss resident

thanks fatmanfilms for the quick response

I'm thinking the same, but my tax preparer has only been including my and my employer's contribution as income for the past few years as far as I can tell. Considering the fact that, acc. to today's Swiss laws, I will be able to retire in 15 years I think it would be a good idea to include the interest as income for the next 15 years and then not declare any of the benefits as income when the time comes.

Last edited by UncleTell; 10.05.2016 at 15:07.
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