Thanks for the quick response.
One add-on:
Say i file a 1040NR in 2011 and 2012 and pay 15% US tax.
Now i also file my Canadian taxes as a resident and income earner in Canada.
Assuming i'm in the top bracket in Canada, do i have to then claim the Roth conversion income as world income on my Cdn ...
Search found 2 matches
- Wed Aug 04, 2010 7:22 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 2010 Roth IRA Conversion
- Replies: 9
- Views: 8317
- Wed Aug 04, 2010 9:35 am
- Forum: Canada / United States Tax & Accounting
- Topic: 2010 Roth IRA Conversion
- Replies: 9
- Views: 8317
2010 Roth IRA Conversion
I am planning on returning to Canada after 5 years in the US and plan to leave behind my IRA, rather than pay any early redemption penalties. I was considering using the option to convert my IRA to a Roth IRA. I see that the 2010 conversion allows you to claim the conversion income spread evenly ...