Serbinski Accounting Firms

Many thanks. That was quite helpful and clear.

Have only had the RRSP 2 years... 2007, an accountant made the deciision -- maybe I had enough foreign tax credit to offset the gains? Maybe it was a mistake. 2008, I didn't have gains.

Hi, I'm a US citizen resident in Canada. I have no Canadian income in 2009, so thought it would be a good year to withdraw some or all of my RRSP. I'm moving back to the US on Oct 1, though, and may begin earning US income, so can somebody help me understand the tax consequences of withdrawing from ...