taxuser atri

Hi - a US citizen now living in the UK is to receive income from their S-Corp. This is in the form of salary and royalties. As the distribution has been made via W2 and taxed in the US, it is correct to include the income as employment income in the UK and claim the foreign tax credit? Similarly the royalties should be included on the UK return as business income? thanks

Thanks - it has already been taxed in the US. As W2 income is considered salary in the US, and the W2 income is backed by payslips, should this not be employment income?

Hi - Received W2 income from the US for royalties. Should this income be reported in the overseas employment section of the UK tax return? or included as self employed income from the US?