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- Thu Apr 28, 2022 8:19 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Inheriting RRIFSs/TFSA as a non-resident of Canada
- Replies: 7
- Views: 33452
Inheriting RRIFSs/TFSA as a non-resident of Canada
I am a Canadian citizen living in the US (on a green card). In October of 2021, my father died. I was named as a beneficiary of his RRIFs and TFSA. The accountant I've been talking to told me that the money disbursed from my father's RRIFs/TFSA is considered 'capital' and not 'income' and thus ...