Wanting to understand more about how growth, capital gains/losses and income achieved within a US retirement account like a 401K or IRA may be treated by the ATO on my Australian tax return.
If I have a 401K in the US, but have moved back to Australia and working here, how do I treat the 401K account and its earnings in my tax return? Is there any difference with IRA accounts? Also, with distributed income from my 401K or IRA, how is that treated?
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