Search found 3 matches

by andrews
Wed Dec 16, 2009 2:44 am
Forum: Canada / United States Tax & Accounting
Topic: More RRSP related questions - Canadian living in the US
Replies: 5
Views: 7734

Thank you. With respect to your answer #1, I am not a US citizen so I will have to use the date of my arrival in the US to determine my RRSP cost basis. I wonder however, whether it is the same for regular immigrants and those who arrive only as temporary residents on a TN visa. When I arrived (8 mo...
by andrews
Tue Dec 15, 2009 1:08 am
Forum: Canada / United States Tax & Accounting
Topic: More RRSP related questions - Canadian living in the US
Replies: 5
Views: 7734

Thank you very much for the clarification. I am still struggling with two more issues. 1. From what I understand the US taxable income from a complete RRSP distribution is the difference between the value of the distribution and one's own contributions to the RRSP. But I saw messages posted on some ...
by andrews
Mon Dec 07, 2009 9:59 pm
Forum: Canada / United States Tax & Accounting
Topic: More RRSP related questions - Canadian living in the US
Replies: 5
Views: 7734

More RRSP related questions - Canadian living in the US

Hi, I moved to the US from Canada a few years ago (I have a Green Card) and I am planning to have my first RRSP distribution this year. I selected to differ the income tax on the undistributed earnings of the plan on form 8891 in 2006. I have read the messages posted on this forum related to my situ...