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Posted Mon, 22 Jul 2024 16:46:47 GMT by Shrenik Sanghrajka
Hi, Hypothetically, if I have the following accounts in the US (not a citizen, just from working there), and I move back to the UK (am a UK citizen), how are withdrawals treated, where would I be paying tax, and what kind of tax (income vs capital gains) 1) 401K - Traditional (pre-tax money) 2) Roth 401K 3) Roth IRA 4) Normal brokerage account TIA!
Posted Thu, 25 Jul 2024 06:47:00 GMT by HMRC Admin 25 Response
Hi Shrenik Sanghrajka,
Tt depends on where you are tax resident and your residence is then for you to determine.
Please see guidance here:
RDR3 Statutory Residence Test
Thank you. 

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