Form 1099-R or Form 4852 For Foreign Social Security Payments?

Question

I am a U.S. citizen and reside in the USA.

The Swiss "Social Security Administration" will soon start crediting my bank account with monthly social security payments.

These payments are not the result of a totalization agreement between the U.S. and the Swiss social security administrations.

The Swiss government will not be sending me a Form 1099-R at the end of the year.

My reading of the tax treaty between the U.S.A. and Switzerland is that I will have to pay taxes in the U.S.A. for such social security payments.

Since the Swiss "Social Security Administration" will not be sending me a Form 1099-R, will I have to fill out such form on my own, or perhaps fill out Form 4852? (In either case I will not be able to supply a payer's TIN and might have to do a paper return...)

Thanks for your suggestions.

Adam H. Kerman · Accepted Answer

You aren't the payer, so skip the 1099-R. You will have received statements from the pension administrators so you'll know what you'll need to report.

Literally, the statement received from US SSA isn't a 1099 but SSA's own form.

tb · Answer

Ok, thanks.Would you report such income on Line 5b, Line 6b, or Line 8 (viaSchedule 1, Line 8z) of the 1040?

Adam H. Kerman · Answer

Both 5a and 5b. What part is the taxable part? I'm not sure. If it wassubject to foreign tax as well, don't forget to take the credit.

tb · Answer

I could not find anything in the tax agreement that would indicate what part is taxable.  I am therefore guessing that 100% is taxable...

Form 1099-R or Form 4852 For Foreign Social Security Payments?

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