Can anyone tell me how to report a NR4. with an. income code of 46 (taxable cpp benefits ) and
exemption code T (exemption from withholding tax as a result of exempting providing of a tax convention ).
How do you report this on Canadian t1 and Us?
Many thanks
NR4 income code 46 exemption code t
Moderator: Mark T Serbinski CA CPA
You are a US resident, so you do not file a Cdn tax return.
You report the cpp on your US tax return as if it was social security. Report only 85% of it. You will only pay US tax on this.
You report the cpp on your US tax return as if it was social security. Report only 85% of it. You will only pay US tax on this.
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing 