My wife and I moved to the US from Canada several years ago but elected to keep our RRSP's in Canada with TD Waterhouse.
Yesterday I noticed that I had received a dividend payment from a US corporation in the RRSP but that a non-resident withholding tax of 20% had been withheld. This is the first time I have ever had non-resident witholding tax taken from an RRSP.
Has anybody ever seen this before?
Non Resident Tax in RRSP
Moderator: Mark T Serbinski CA CPA
The RRSP is not supposed to do this, nor tax supposed to be 20%, so something is fishy.
Contact the RRSP manager and ask.
Worse cmes to worse you can include it in your 1040 as tax paid, and shoul;d get a 1066 to that effect, but the correct solution is for the RRSP NOT to withhold this tax.
there are some old threads on this.
Contact the RRSP manager and ask.
Worse cmes to worse you can include it in your 1040 as tax paid, and shoul;d get a 1066 to that effect, but the correct solution is for the RRSP NOT to withhold this tax.
there are some old threads on this.
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing
Try this one for example:
http://forums.serbinski.com/viewtopic.p ... w=previous
http://forums.serbinski.com/viewtopic.p ... w=previous
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing