Search found 2 matches
- Sat Dec 01, 2007 6:31 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Recouping taxes from cashing out Canadian RRSPs
- Replies: 3
- Views: 3034
- Sat Dec 01, 2007 5:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Recouping taxes from cashing out Canadian RRSPs
- Replies: 3
- Views: 3034
Recouping taxes from cashing out Canadian RRSPs
I'm a US citizen/resident who cashed out my (mutual fund) RRSPs. Am I correct that the amount reported on Form 8891 line 7a is the total fund value at the time of redemption, and line 7b is this total, minus the value of the RRSP at the time I left Canada? Re Form 1116 (foreign tax credit), is this ...