I'm not a Canadian resident yet, but I will continue to have contract income from US employers after I move.
In paying my estimated taxes, do I have a choice of whether to pay Canadian or pay US? If each can be credited against the other, I assume that it will not increase or decrease my total ...
Search found 4 matches
- Tue Dec 27, 2005 4:25 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Choice of who to pay?
- Replies: 1
- Views: 2534
- Thu Jun 16, 2005 11:43 am
- Forum: Canada / United States Tax & Accounting
- Topic: Life insurance earnings taxed?
- Replies: 3
- Views: 5257
Life insurance earnings taxed?
I've seen lots of good discussion about 401(k) / RRSP taxability, but here's a different case.
In the US, there are life insurance policies that let earnings grow tax deferred, such as variable life / universal life policies. The earnings are then taxed at withdrawal time (which may be years in the ...
In the US, there are life insurance policies that let earnings grow tax deferred, such as variable life / universal life policies. The earnings are then taxed at withdrawal time (which may be years in the ...
- Fri Feb 04, 2005 4:01 pm
- Forum: Canada / United States Tax & Accounting
- Topic: No Canadian tax on IRA earnings?
- Replies: 14
- Views: 18181
- Thu Feb 03, 2005 10:27 am
- Forum: Canada / United States Tax & Accounting
- Topic: No Canadian tax on IRA earnings?
- Replies: 14
- Views: 18181
No Canadian tax on IRA earnings?
I guessed this from reading other posts, but didn't find one that directly addressed it.
I am a US citizen in the process of becoming a Canadian resident. I have a substantial sized IRA (including my 401k's rolled over). The capital gains / interest in this account are not US taxable until I start ...
I am a US citizen in the process of becoming a Canadian resident. I have a substantial sized IRA (including my 401k's rolled over). The capital gains / interest in this account are not US taxable until I start ...