US citizen, foreign income, foreign pension

[ombskid]

US citizen lives in the UK and has earned income there. We know that her income is also taxed in the US, with a credit for the UK taxes.

If she has a UK pension (or profit sharing) plan, is that deductible in the US? I guess the question is when completing the Sch C in the US is the pension contribution in the UK deductible in the US calculation/Sch C?

[GBurns]

I think that some clarification is needed.

A Schedule C is for use in reporting and reconciling Profit and/or Loss from Business for self-employed and not incorporated individuals.

Why would a Pension Plan be on a Schedule C ?

From the Instructions:

Line 19

" .... If the plan included you as a self-employed person, enter contributions made as an employer on your be-half on Form 1040, line 28, or Form 1040NR, line 28, not on Schedule C."

I also wondered, in general, why this person would be eligible to use a Schedule C, in the first place, other than to claim the extraterritorial income exclusion on F8873 which would be reported on Schedule C as per the instructions for F8873.

[mbozek]

The pension deduction on line 28 of the 1040 is only for SEPS, SIMPLES and qualified plans. I don't think a UK pension meets the requirements for the tax deduction anymore than a tax free rollover from a UK pension would be permitted to an IRA.