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by goingoutofmyhead
Wed Jun 19, 2019 6:56 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax implications for beneficiary of RRSP, TFSA (US Resident)
Replies: 1
Views: 1567

Tax implications for beneficiary of RRSP, TFSA (US Resident)

Hi there! I am a Canadian citizen, US resident - I haven't filed taxes in Canada for many years (no income, no assets),
My mother passed, and named me and my brother as beneficiaries of an RRSP and TFSA. I will be inheriting <$100,00. I am very confused about the tax implications in Canada and USA ...