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by trobinson
Tue Jul 23, 2024 4:23 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian inheriting traditional IRA
Replies: 13
Views: 7630

Re: Canadian inheriting traditional IRA

Getting this credit can be administratively challenging. I had a client where 30% was withheld at source and claimed the 30% as a FTC. CRA denied the FTC by indicating that the 15% rate applied. CRA indicated they would only accept the 30% rate if the IRS denied a refund request in writing. I filed ...