Search found 3 matches

by pmoan
Fri Jun 15, 2012 12:42 pm
Forum: Canada / United States Tax & Accounting
Topic: Claiming RRSP contributions on US Tax Return
Replies: 8
Views: 5406

Thanks. This is helpful. As it turns out, my foreign tax credit this year is not enough to offset my US tax burden, so I owe the IRS a bit of money this year. ( I'm circling back with the individual who did my taxes to understand this better as it seems unfathomable to me that I'd ever owe taxes to ...
by pmoan
Fri Jun 15, 2012 11:03 am
Forum: Canada / United States Tax & Accounting
Topic: Claiming RRSP contributions on US Tax Return
Replies: 8
Views: 5406

Thanks for the information. It's unfortunate (for me) that I'm not considered a "Canadian employer". Two questions follow: 1) Any sense of whether I'd be able to deduct these in the future if I were to incorporate? 2) Any sense of why a self-employed person in Canada (i.e. current status) ...
by pmoan
Fri Jun 15, 2012 9:47 am
Forum: Canada / United States Tax & Accounting
Topic: Claiming RRSP contributions on US Tax Return
Replies: 8
Views: 5406

Claiming RRSP contributions on US Tax Return

Hello - I have a follow-up question to a 2010 posting regarding whether or not RRSP contributions are deductible on a US tax return. Nelson pointed out that "only employee RRSP contributions made througha Cdn employer planare deductible." I am a US citizen who is self employed in Canada. I...