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    jaybeez's Avatar
    jaybeez Posts: 19, Reputation: 1
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    #1

    Jan 18, 2010, 06:14 PM
    Non deductible employer pension contributions
    Hi, I lived and worked in another country for some years and just realized that I should have been reporting my employer pension contributions as income. I need to amend these returns to show this income, but where do I put it? Do I lump it in with my wages? How do I show where it came from so I am not taxed on it again when I take it out?

    Also, does this count as "earned income" so it can be excluded with the foreign earned income credit?

    Thanks!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Jan 19, 2010, 10:57 AM
    Were these employer pension contributions pre-tax or post-tax?

    If pre-tax, then they likely do need to be reported.

    If post-tax, then they do NOT need to be reported In my opinion.
    jaybeez's Avatar
    jaybeez Posts: 19, Reputation: 1
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    #3

    Jan 19, 2010, 11:26 AM

    Thanks Atlanta. I have never paid any taxes on the contributions so I guess they are pre-tax? Assuming I DO need to report it, WHERE would it go on the tax form? Is it considered "earned income"?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #4

    Jan 19, 2010, 12:50 PM
    I would submit as "Other income", line #21 of Form 1040 or Line #22 of Form 1040NR.
    jaybeez's Avatar
    jaybeez Posts: 19, Reputation: 1
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    #5

    Jan 19, 2010, 11:23 PM

    Ok, thanks. Anyone know whether it counts as "earned income" for form 2555?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #6

    Jan 20, 2010, 11:41 AM
    Earned income is either salary or wages.

    OR

    Self-employed income from a partnership or solely-owned business.
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