Serbinski Accounting Firms

Patience persistence patience perseverance - I did it! Got an IRA withdrawal with 15% withholding.

Can you tell me where to look for one, please?

Can I move my IRA business? Can a Canadian Citizen Canadian Resident open another IRA in the States? If so, then does moving an IRA to another custodian unleash any tax demons IRSwise or CRAwise?

I wish it was 15%. The custodian, Schwab, insists on 30%. I have sent them documents supporting 15% and many hours on the phone, but to no avail. They say they have clients in a similar position and these other clients file a 1040NR to try to get back the US tax not covered by the Canadian foreign t...

I am a Canadian citizen and Canadian resident. I have two sources of income from the US: IRA distribution, from which tax is withheld, and US Social Security, from which no tax is withheld. Do I include both income sources on my T2209 line 433 non-business income when calculating the foreign tax cre...

Thank you for the references re 15% withholding. I have told my custodian. In addition, to facilitate distributions from the plans, the custodian suggested that I roll the 401k into the IRA. He said there were no US tax implications. Are there any Canadian tax considerations if I roll the 401k into ...

I am 66. I am a Canadian citizen and live in Ottawa. I worked in the US for ten years and I have a 401k and an IRA there. I now wish to withdraw money from my IRA and 401k. The custodian of the plans says that the withholding tax rate is 30%. I had thought it was 15%. At the 30% rate, the Foreign Ta...