Search found 4 matches

by jcorm
Fri Nov 20, 2020 5:13 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian/US tax implications for receiving Canadian pension
Replies: 8
Views: 104

Re: Canadian/US tax implications for receiving Canadian pension

Thank you so much! I appreciate the information. When we moved from Canada 30 years ago, retirement seemed far, far away. ;-) I wish someone had told me then to keep a bank acct open. We live and learn.

Thanks again.
by jcorm
Thu Nov 19, 2020 9:10 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian/US tax implications for receiving Canadian pension
Replies: 8
Views: 104

Re: Canadian/US tax implications for receiving Canadian pension

Thanks for your post. I don't have a Canadian bank account which is maybe the issue, I don't know. No Canadian bank will let me open an account without proving my identity in person and with Covid, I won't be able to travel to Canada any time soon. What CRA tool are you referring to?

Thanks!
by jcorm
Thu Nov 19, 2020 4:04 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian/US tax implications for receiving Canadian pension
Replies: 8
Views: 104

Canadian/US tax implications for receiving Canadian pension

I am a Canadian and US citizen living in the USA. My pension is with the City of Winnipeg and I was told they'd be withholding 25% tax on the Canadian side. 1. Is there any way to decrease the amount of Canadian tax withheld? 2. Will I get taxed on the US side as well? I can't seem to find a concret...