Search found 2 matches

by nikky87
Tue Apr 02, 2019 1:10 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian company pension distribution
Replies: 2
Views: 1780

Re: Canadian company pension distribution

Thank you, appreciate the quick response!
by nikky87
Mon Apr 01, 2019 6:48 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian company pension distribution
Replies: 2
Views: 1780

Canadian company pension distribution

Hello,

My husband who is a Canadian Citizen but now a US resident as of 2016 took a lump sum distribution from his former employer's (Bell Canada) pension plan. I know the distribution was already taxed 25% in Canada and that we can claim the Foreign Tax Credit on the US taxes.

My question now is ...