Search found 3 matches
- Mon Mar 04, 2024 1:33 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Living in US for 15 years - Just tuning into RRSP challenge!
- Replies: 8
- Views: 2478
Re: Living in US for 15 years - Just tuning into RRSP challenge!
Moved to US from Canada in 1999. Submitted FBARs for the last 6 years. Liquidated my rrsp and rrif last year and purchased a second home in Canada. 25% tax was withheld for Canadian taxes. What must I now submit to irs for 2023 taxes? I understand form 8891 is no longer required.
- Tue May 23, 2023 8:41 pm
- Forum: Canada / United States Tax & Accounting
- Topic: How to withdraw rrsp now living in US
- Replies: 3
- Views: 1177
Re: How to withdraw rrsp now living in US
Many thanks for the detailed reply.
I am from Quebec. Are you familiar with their rules?
I am from Quebec. Are you familiar with their rules?
- Tue May 23, 2023 6:20 pm
- Forum: Canada / United States Tax & Accounting
- Topic: How to withdraw rrsp now living in US
- Replies: 3
- Views: 1177
How to withdraw rrsp now living in US
I am 60 yrs old dual citizen receiving disability in Arizona. I have lived in the US 24 years and have $180K rrsp and $70k lira in Canada. I want to understand the most tax effective way to withdraw this amount as I expect low revenue for the next several years. I have never notified the irs of my r...