Search found 5 matches

by vancarver
Tue Mar 01, 2022 9:30 pm
Forum: Canada / United States Tax & Accounting
Topic: Qualified Charitable Distributions from IRA for Canadian resident
Replies: 2
Views: 1271

Qualified Charitable Distributions from IRA for Canadian resident

I searched for this topic but couldn't find anything. I apologize if I missed an entry, and thank you in advance. I am a Canadian citizen and resident who renounced his US citizenship ten years ago and is not required to file any US tax forms. My only remaining US asset is my IRA, which I am drawing...
by vancarver
Fri Jun 15, 2012 10:49 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian taxation of IRA at death
Replies: 4
Views: 2688

Thank you very much.
by vancarver
Thu Jun 14, 2012 10:01 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian taxation of IRA at death
Replies: 4
Views: 2688

Thank you for your reply. I'm not married, so the beneficiary is non-spousal, if that makes a difference. Could you possibly explain what you mean by "matching?" While I am alive Vanguard withholds 15% income tax from withdrawals, and I pay Canadian income tax on the same, but claim the fo...
by vancarver
Thu Jun 14, 2012 6:36 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian taxation of IRA at death
Replies: 4
Views: 2688

Canadian taxation of IRA at death

Hi. Thanks for a very helpful site. I couldn't find info on this. I am a Canadian citizen (renounced American citizenship) whose only asset in the US is an IRA of roughly 150K. If I leave it there and slowly draw down, I know upon my death my (non-spousal) beneficiary will have to deal with US taxes...