CIGNA Expat Health Insurance Italy
Private Messages Friends Invite My Jobs My Properties My Profile My Tips

Italy Expat Forum

Tax on U.S. Social Security

Post New Topic
Dolce1000
3/18/2017 22:53 EST

If I only get about $1000. a month in Social Security, will the Italian government still tax me? If so, how much will I be taxed for?
I am planning on moving to Italy to work as a volunteer Bible teacher. I would appreciate any assistance very much. Thank you very much.
Sincerely, Dolce1oo

Post a Reply

00abuse

DoppioCittadino
3/19/2017 07:54 EST

Start with Article 18 on page 59 of this document https://www.treasury.gov/resource-center/tax-policy/treaties/Documents/teitaly.pdf

Assuming you are tax resident in Italy (that is, present more than 182 days of the calendar year) then your US Social Security payments will be subject to Italian income tax. All is not lost however; as a retiree, the first €7500 is exempt and then there are some additional deductions that would probably apply. For lower income brackets, the tax rate is 23% of the first €15000 (after deductions/exemptions) and 27% of the amount between €15001 - €28000.

You could very well end up spending more to have both your Italian and US tax returns prepared (yes, you must file both) then you will actually pay in taxes. :(

Post a Reply

00abuse

expat health insurance from CIGNA

Choosing an expat health insurance provider is an important decision. Get a quote from our trusted expat health insurance partner, CIGNA. With Cigna Global Health Options, you can create an international health insurance plan that's perfectly tailored for the needs of you and your family.

Learn More Get a Quote

TheresaIT
3/20/2017 11:37 EST

Hi Doppio,

I thought I read that the tax on SS was .02%. I must have mis-read or misinterpreted it. This comes as a blow.

Post a Reply

00abuse

Expatriate Health Insurance

Get a quote for expat health insurance in Italy.

Mail Forwarding to Italy

Mail Forwarding to Italy.


Expat Tax

Expat Tax Preparation, Expat Tax Professionals


International Moving Companies

Moving to Italy? Find a moving company.

Join Today (free)

Join Expat Exchange to meet expats in your area or get advice before your move. It's FREE and takes 1 minute!

Copyright 1997-2017 Burlingame Interactive, Inc.

Privacy Policy Legal