Everything posted by garyh911
garyh911 posted a topic in FinanceMy wife and I have lived in Germany for almost 3 years. She is a German national who had lived in the US for 17 years and then wanted to come home to go to a Berufsschule for retraining as a Arzt Assistenin. She will be finished this year but for this type of job the yearly pay is only about 12K €. I will be 62 this year and can start collecting Social Security - about US$20K if I take it now. The question is - if I get US Social Security do I have to pay German or US income tax on it? In the US, the $20K or so that I would get per year would not be taxed because of the small amount. Since this money was neither accumulated during a life of working in Germany or paid to me by the German government I don't see why it should be taxed here. And I'm sure I'll get soaked for taxes here! I know I will have to claim the income to TK for my medical insurance so there is no point in trying to hide it - they know that by 65 or 66 I will certainly be taking it.