Search found 6 matches
- Fri Dec 13, 2013 4:25 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Worksafe BC Payments
- Replies: 7
- Views: 4119
- Fri Dec 13, 2013 3:47 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Worksafe BC Payments
- Replies: 7
- Views: 4119
I did check the internet and read that monthly payments are not taxable, but I could not find any information about a lump-sum payment, which is why I asked you. You do realize, I am sure, that you could have simply answered my question in much less time than you have spent on your sarcastic respons...
- Fri Dec 13, 2013 1:48 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Worksafe BC Payments
- Replies: 7
- Views: 4119
- Thu Dec 12, 2013 7:41 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Worksafe BC Payments
- Replies: 7
- Views: 4119
Worksafe BC Payments
This question is not related to a U.S. matter, but I hope you will answer it for me in any case. My granddaughter has received a lump-sum settlement of approximately $38,000 from Worksafe BC as compensation for injuries sustained on the job. She has asked me two questions about this, and I would app...
- Wed Feb 06, 2013 12:58 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Question Re 403B Plan and Foreign Tax redit
- Replies: 9
- Views: 5455
I must apologize for giving you incorrect information. The SSA has NOT been withholding tax; I was confusing that with another small annuity I receive which has the 15% withheld and which I claim as a foreign tax credit. I'm sorry for confusing the issue when all I really needed to know is whether a...
- Wed Feb 06, 2013 5:38 am
- Forum: Canada / United States Tax & Accounting
- Topic: Question Re 403B Plan and Foreign Tax redit
- Replies: 9
- Views: 5455
Question Re 403B Plan and Foreign Tax redit
I receive a Canadian citizen living in Canada and receive a U.S. Social Security pension as the beneficiary of my late American husband. I'm clear on the rules regarding that; SS withholds 15% for the IRS and i can claim that as a foreign tax credit when I file my tax return with Canada Revenue. How...