RREGOP
Moderator: Mark T Serbinski CA CPA
Thanks for your reply about the RREGOP (Quebec Government & Public Employees Retirement Plan. However, I still have questions.
- This was a lump-sum distribution (one time only), taxable in Canada.
- Is the amount I received exempt from U.S. taxes because of the Tax Treaty? Is this type of Canadian government pension plan [lump-sum distribution] covered by the Tax Treaty? [Possibly Article XVIII, paragraph 3 ?]
- If I declare it on Form 1040, line 16[a] and 16[b], is the entire amount taxable?
- If it is not covered by the Tax Treaty, is there another way to exempt it from U.S. taxes?
Any further information would be most appreciated. Thanks again.
- This was a lump-sum distribution (one time only), taxable in Canada.
- Is the amount I received exempt from U.S. taxes because of the Tax Treaty? Is this type of Canadian government pension plan [lump-sum distribution] covered by the Tax Treaty? [Possibly Article XVIII, paragraph 3 ?]
- If I declare it on Form 1040, line 16[a] and 16[b], is the entire amount taxable?
- If it is not covered by the Tax Treaty, is there another way to exempt it from U.S. taxes?
Any further information would be most appreciated. Thanks again.