Skip to main content

beta This is a new service – your feedback will help us to improve it.

UK Tax on US 401(k) Withdrawal made when not UK resident

Tim M
Posted Sat, 25 Feb 2023 22:20:25 GMT by Tim M
I have a 401(k) plan in the US from when I worked there until 2012. I moved to the UK in 2013 until 2017. During the UK time, I made NO contributions to the US plan, and took NO withdrawals from it. I moved to Germany in July 2017, and am now a permanent resident here, with no financial interests or income in the UK. I made a withdrawal at the end of 2022, which was fully taxed in the US. Is there anything for me to report in the UK?
HMRC Admin 17
Posted Tue, 28 Feb 2023 15:02:31 GMT by HMRC Admin 17

Hi,
 
As you are resident in Germany and not a UK tax resdient there is nothing
for you to report to the UK  .

Thank you.

You must be signed in to post in this forum.