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Level 4
April 15, 2022
Question

If i have a 401 k contiribution from a foreign country is that considered income that i should input on form 1116

  • April 15, 2022
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1 reply

sjrcpa
Level 15
April 15, 2022

Foreign countries don't have 401(k) Plans. These are US inventions.

If you have a 401(k) contribution, it is not income.

The more I know the more I don’t know.