Search found 6 matches

by KLD
Fri Dec 13, 2013 4:25 pm
Forum: Canada / United States Tax & Accounting
Topic: Worksafe BC Payments
Replies: 7
Views: 4119

Well, thank you for your opinion. I will, of course, confirm it before passing the information on to my granddaughter.
by KLD
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...
by KLD
Fri Dec 13, 2013 1:48 pm
Forum: Canada / United States Tax & Accounting
Topic: Worksafe BC Payments
Replies: 7
Views: 4119

If I had a copy of the BC tax guide, I wouldn't have had to ask you. I do not have one, and it is not yet available at the post office where I usually pick one up.
by KLD
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...
by KLD
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...
by KLD
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...