Serbinski Accounting Firms

Good news! You can redeposit, a few hoops to go to go through, paperwork required, but it's doable.

Good morning.
Would you know, if you are able to redeposit money awarded from a class action lawsuit, into the account it came from? In this case, it was from a TFSA.
One call to CRA, they said yes, the other is unsure!
I'm searching CRA for a ruling, but unsuccessful at this point in time.

Thanks for the reply.
No, I never saw anything being held back before.
I called, but couldn't get a straight answer from them. They said this was their understanding of the treaty.
UGH!
He couldn't even tell me if I would be able to claim a foreign tax credit.

Thanks for the reply.
No, I never saw anything being held back before.
I called, but couldn't get a straight answer from them. They said this was their understanding of the treaty.
UGH!
He couldn't even tell me if I would be able to claim a foreign tax credit.

I recently moved my IRA, from one firm to another. I am unble to get a satisfactory answer as to why; I have a foreign tax payment on my Canadian stock's dividend, Approx. 1/3 of the dividend value. I was under the assumption that Canada doesn't tax dividends on Canadian stocks held in IRAs. I'm a C...

Could you please clarify something for me?
When I make a withdrawal on my IRA, and they withold 15% for taxes: is the entire amount considered my withdrawal?
If not, how do I enter that on my Canadian form?
Thank you!

I am a Canadian resident with an IRA.
I'm looking at withdrawing from my IRA. I have no other income.
Is the withholding tax the only tax I will be paying?
Thank you.

Line 25-C.
I have in past years, filed a 1040NR, but I no longer receive income from the USA, nor do I file.
So my question is, do I say yes?
Or, is it no, because not in this year?
Thank so much.

I need clarification on line 29, the instructions are not clear.
I live in Canada, but, I have an IRA in the US, which I have never taken funds from, yet.
I am living off my RRSP in Canada.
Do I report both?
Or only once I start withdrawals?
Thank you.

I hold a MLP in my IRA, and they sent me a schedule K1. I only made about $40 in dividends. Do I need to file this? This is confusing...I thought I read I didn't need to unless I made $1000.00 in a year. Thank you.

Thank you, Nelsona.
Once I have withdrawn money from my IRA, filed my 1040nr, hopefully re-cooped some of the 15% paid...
Now do I file a Canadian return? Or am I done?
Regards.

I am a Canadian, living in Canada, with a US IRA. Assuming my income is less than the basic personal exemption in Canada. If I withdraw $10,000.00 from my US IRA, and the with holding tax has been collected. In reality, will I get to claim that tax money back from the Canadian gov't through the trea...

Need to add...
I live in Canada, and file only a Federal return., no state income tax to report.

I am a Canadian, with an IRA.
Bought a stock which falls under this "partner's share" income partnership!
I made no money, I lost money on the trade, I do not want to claim the deduction. It is a small loss.
Do I need to file the paperwork for it?
Thank you.

Hmmm, both RBC Wealth Management in the usa, and TD Ameritrade, take on Canadians with ira's.