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- Thu Jun 12, 2025 1:50 am
- Forum: Canada / United States Tax & Accounting
- Topic: FTC income category for RRSP income
- Replies: 8
- Views: 4832
Re: FTC income category for RRSP income
I am finding that when i declare the RRSP withdrawal as passive income i am being allowed to full foreign tax credit of the 30% canandian tax withheld. However if i use the "general category" income on form 1116 then i am being allowed around 90% of the crdit (ie 8.9K instead of the full 1...