Serbinski Accounting Firms

Hi

As a US resident.
If I incur the 25% RRSP Non-resident tax for a withdrawl, could that be used to offset US tax owing?

For simplicity let's assume there's no capital gain.

I know you can defer a RRSP indefinitely. Can you also cancel/reverse a RRSP?

I.e. Claim no deduction and not be taxed on withdrawl?

so I prefer to report this as an adjustment to my 2009 income, let me know if this could be an option

My tax rate in 2010 is nil, so effectively I lost a huge amount to taxes in this transaction.

In early 2010, as per my employment contract I returned a signing bonus that I received in 2009. Do I still need to pay 2009 taxes on the signing bonus received in the fall even after fully returning the payment? In the US it appears that either as a deduction on schedule A or as a payment credit un...