Field help: Taxable pension from...

Select the option that applies to your situation:

A private pension insurance from Germany

Select this option if you receive a pension from a private pension insurance policy taken out in Germany. Examples include:

• Lifetime pensions from private insurance policies
• Temporary pensions (e.g. survivor's, occupational or disability pensions)
• Pensions from special obligations (e.g. sales transactions)

These pensions may be taxable, depending on the type of insurance, the start of the contract, and the method of payment.

A private pension insurance from abroad

Select this option if your pension comes from a private pension insurance policy taken out abroad, for example:

• Lifetime pensions from private insurance policies
• Temporary pensions (e.g. survivor's, occupational or disability pensions)
• Pensions from special obligations (e.g. sales transactions)

Such pensions must be taxed in Germany if you are subject to unlimited tax liability here. Double taxation agreements (DTAs) determine which country has the right to tax. The foreign country may have a right to tax. To avoid double taxation, foreign income is either exempt or the taxes paid abroad are credited in accordance with sect. 34c of the Income Tax Act (EStG).