Foreign National Beneficiary of 401K distribution

Foreign National Beneficiary of 401K distribution/Estate Income from USA

We had dealt 2 types of the cases relevant to above scenario.

Scenario 1 – Irina who is French citizen widowed of her late husband Mr. Smith (US Citizen). Irina was informed by the Fidelity 40lK US pension distribution team that Irina is the beneficiary of the 401K distribution income and was asked to obtain ITIN to release the funds. Our team helped to obtain ITIN and also obtain refund for excess withholding on Form 1099R/1042S.

Scenario 2 – Donald (Irish Citizen) and Samantha (UK Citizen) are beneficiary of estate income distribution from their late father Mr. Johnson via court appointed executors/attorneys. Our team assisted in obtaining the ITIN successfully for both of these beneficiaries.

We are happy to assist our clients in a timely, efficient, & cost-effective way

We are one of the IRS Enrolled Agents with many years of experience in US 1040/1040NR personal tax compliance reporting and FATCA Compliance FBAR Reporting.

We are also IRS Approved Certified Acceptance Agent [CAA] with many years of experience dealing with types of ITIN Form W7 application and passport certification processes for US TAX ID.