Search found 2 matches

by sbc217
Thu Apr 09, 2020 8:49 am
Forum: Canada / United States Tax & Accounting
Topic: statute of limitations for departure tax?
Replies: 0
Views: 9722

statute of limitations for departure tax?

Anyone know if there is a statute of limitations for filing/paying the ITA 128.1(1) departure tax?
by sbc217
Tue Apr 07, 2020 7:25 pm
Forum: Canada / United States Tax & Accounting
Topic: US treatment of unmatured RRSP in year of death?
Replies: 1
Views: 1417

US treatment of unmatured RRSP in year of death?

A Canadian citizen who was a long-time US resident died before reaching retirement age. The person had an RRSP from years lived & worked in Canada. I know that for Canadian purposes, the entire FMV is a deemed distribution in the year of death. But what is the treatment on his final US Form 1040...