By using accrued method on the amended return, I end up with 2 copies of 1116, original foreign tax reported as paid on 1st copy and the additonal tax I'm now reporting as accrued on the 2nd copy. Do I submit both 1116s with the amended return?
Thanks,
Search found 15 matches
- Wed Apr 22, 2009 7:32 am
- Forum: Canada / United States Tax & Accounting
- Topic: Foreign Tax Credit Redetermination
- Replies: 12
- Views: 6186
- Wed Apr 22, 2009 6:48 am
- Forum: Canada / United States Tax & Accounting
- Topic: Foreign Tax Credit Redetermination
- Replies: 12
- Views: 6186
- Wed Apr 08, 2009 9:30 am
- Forum: Canada / United States Tax & Accounting
- Topic: Foreign Tax Credit Redetermination
- Replies: 12
- Views: 6186
- Wed Apr 08, 2009 7:41 am
- Forum: Canada / United States Tax & Accounting
- Topic: Foreign Tax Credit Redetermination
- Replies: 12
- Views: 6186
- Wed Apr 08, 2009 7:26 am
- Forum: Canada / United States Tax & Accounting
- Topic: Foreign Tax Credit Redetermination
- Replies: 12
- Views: 6186
- Wed Apr 08, 2009 6:26 am
- Forum: Canada / United States Tax & Accounting
- Topic: Foreign Tax Credit Redetermination
- Replies: 12
- Views: 6186
Foreign Tax Credit Redetermination
In 2009 I paid 10% withholding tax to the CRA on interest income received in 2006 and 2007. The CDN financial institution had neglected to withhold tax and had sent us a T5 instead of an NR4 in 2006/2007. On our US return for 2006 and 2007 we included the interest income on 1099-INT but did not repo...
- Sun Mar 29, 2009 7:35 am
- Forum: Canada / United States Tax & Accounting
- Topic: RSP/LIF/RIF Cost Basis from Employer Contributions
- Replies: 20
- Views: 11427
- Thu Mar 26, 2009 8:08 am
- Forum: Canada / United States Tax & Accounting
- Topic: RSP/LIF/RIF Cost Basis from Employer Contributions
- Replies: 20
- Views: 11427
- Thu Mar 26, 2009 6:38 am
- Forum: Canada / United States Tax & Accounting
- Topic: RSP/LIF/RIF Cost Basis from Employer Contributions
- Replies: 20
- Views: 11427
- Wed Mar 25, 2009 2:51 pm
- Forum: Canada / United States Tax & Accounting
- Topic: RSP/LIF/RIF Cost Basis from Employer Contributions
- Replies: 20
- Views: 11427
- Wed Mar 25, 2009 2:37 pm
- Forum: Canada / United States Tax & Accounting
- Topic: RSP/LIF/RIF Cost Basis from Employer Contributions
- Replies: 20
- Views: 11427
- Wed Mar 25, 2009 2:23 pm
- Forum: Canada / United States Tax & Accounting
- Topic: RSP/LIF/RIF Cost Basis from Employer Contributions
- Replies: 20
- Views: 11427
- Wed Mar 25, 2009 1:37 pm
- Forum: Canada / United States Tax & Accounting
- Topic: RSP/LIF/RIF Cost Basis from Employer Contributions
- Replies: 20
- Views: 11427
- Wed Mar 25, 2009 12:29 pm
- Forum: Canada / United States Tax & Accounting
- Topic: RSP/LIF/RIF Cost Basis from Employer Contributions
- Replies: 20
- Views: 11427
Hi nelsona, After reading these additional posts, I have another question. I've been a GC holder since 1988 and have 2 separate RRSP's that I'm computing cost basis. Both RRSP's had employer contributions. I had one RRSP when I left Canada for the first time and became a GC holder in 1988. The secon...
- Tue Mar 24, 2009 9:14 am
- Forum: Canada / United States Tax & Accounting
- Topic: RSP/LIF/RIF Cost Basis from Employer Contributions
- Replies: 20
- Views: 11427
RSP/LIF/RIF Cost Basis from Employer Contributions
I am a Canadian citizen, retired, with permanent residence (green card) in the US. While living in Canada (BC), both my employer and I made contributions to a company pension plan. When I returned to the US in 2001, the pension plan was rolled over into a locked-in RRSP. In 2008 the RRSP was convert...