Serbinski Accounting Firms

Form 2555 doesn't apply to me - I am a US resident and commute to Canada daily (I use 1116 instead). As far as the RP 2002-23 - I did find some evidence of it still being used for RPPs see Page 4, paragraph 1 of this link: http://www.irs.gov/pub/irs-wd/1242004.pdf This was a PLR for both RRSPs AND R...

Thanks Nelsona You words provide some reassurance to me. I'm probably going to do the Rev Proc "statement" just in case going forward. I know the RPP contributions aren't included in my Canadian income but I wondered if the US might consider the employer contribution "income" and...

I am a US citizen who commutes to work daily to Canada. For the past 3 years my employer has contributed to a RPP (Registered Pension Plan - defined contribution). I contribute nothing. There seems to be some controversy about whether a Rev. Proc 2002-23 Statement needs to be filed - and I have not ...

Thanks nelsona. I actually would be able to benefit from it. My Canadian tax rate is lower than my marginal US rate (only worked 1/2 year in Canada and my wife's income puts us into a high US bracket). My CPA nixed it at our meeting today, but doesn't really deal with these cross border issues. It's...

I am commuting to Canada daily (Detroit to Windsor) and completing my first 1116 form. I was planning on using CPP as part of my tax credit (or course in addition to Canadian Federal and Provincial Taxes and EI) but read this from the IRS (publication 514 page 7): . . . No deduction or credit is all...