Search found 15 matches
- Mon Apr 27, 2015 8:28 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help! How to avoid USA/Canada double tax on RRSP withdrawl
- Replies: 10
- Views: 4279
- Mon Apr 27, 2015 4:45 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help! How to avoid USA/Canada double tax on RRSP withdrawl
- Replies: 10
- Views: 4279
- Mon Apr 27, 2015 1:33 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help! How to avoid USA/Canada double tax on RRSP withdrawl
- Replies: 10
- Views: 4279
Hi Nelsona, One last question. In the foreign taxes credit section of Turbotax, when I add the taxes we paid to the Canadian govt for the RRSP withdrawl (25% of 13,000) my tax burden this year doesn't budge. Am I doing something wrong? Also, I don't understand why the US government would be giving m...
- Tue Apr 21, 2015 7:26 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help! How to avoid USA/Canada double tax on RRSP withdrawl
- Replies: 10
- Views: 4279
Perfect, that makes sense. Great we'll go ahead and report that taxable portion. My wife is actually preparing a 2011 Canadian tax return to establish that she severed residence in that year, so presumably would form 217 be an option for us this year? Or do we need to file for '13 or '14? She has a ...
- Tue Apr 21, 2015 12:34 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help! How to avoid USA/Canada double tax on RRSP withdrawl
- Replies: 10
- Views: 4279
Nelsona thanks so much for your explanation. So my wife was living outside the USA and Canada up until 8/2013 when she came to the USA as a tourist. We ended up getting married in 11/2013 and she was finally granted her permanent residence in 8/2014. Since she couldn't work most of 2014, we decided ...
- Mon Apr 20, 2015 8:44 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help! How to avoid USA/Canada double tax on RRSP withdrawl
- Replies: 10
- Views: 4279
Help! How to avoid USA/Canada double tax on RRSP withdrawl
Hi Everyone, We are doing our US taxes a bit late this year (already filed for an extension) and we have a question that should be super simple, but I simply cannot find the answer anywhere on the internet. My wife (Canadian) became a permanent resident last year in the USA and took about 13k withdr...
- Mon Jul 28, 2014 2:09 pm
- Forum: Canada / United States Tax & Accounting
- Topic: How to bring by RRSP into the USA
- Replies: 22
- Views: 10419
- Thu Jul 24, 2014 3:44 pm
- Forum: Canada / United States Tax & Accounting
- Topic: How to bring by RRSP into the USA
- Replies: 22
- Views: 10419
And then wasn't sure if I should put myself anywhere in the financial picture. E.g. with the medical, we have 5k in medical premiums for her and I alone which I pay through my employer. Could she take that as a deduction? Seems she would otherwise want to file solo so my income isn't taken into acco...
- Thu Jul 24, 2014 3:42 pm
- Forum: Canada / United States Tax & Accounting
- Topic: How to bring by RRSP into the USA
- Replies: 22
- Views: 10419
wow you're better than me in figuring out the ufile.ca interface. I've setup a return for her, but don't know where to enter the following three: 1) Income from her part time job in the USA, total amount 7500 2) Pension redemption from Standard Life of Canada, total 9800 3) RRSP withdrawl, which lik...
- Thu Jul 24, 2014 10:10 am
- Forum: Canada / United States Tax & Accounting
- Topic: How to bring by RRSP into the USA
- Replies: 22
- Views: 10419
- Wed Jul 23, 2014 7:17 pm
- Forum: Canada / United States Tax & Accounting
- Topic: How to bring by RRSP into the USA
- Replies: 22
- Views: 10419
- Tue Jul 22, 2014 8:08 pm
- Forum: Canada / United States Tax & Accounting
- Topic: How to bring by RRSP into the USA
- Replies: 22
- Views: 10419
- Tue Jul 22, 2014 8:05 pm
- Forum: Canada / United States Tax & Accounting
- Topic: How to bring by RRSP into the USA
- Replies: 22
- Views: 10419
Nelsona thanks so much for this clear information. We realized recently that last year would've been here forever to redeem the rrsp since she has no other income, this allowing for the 217 route. She will only have about 7k in income this year at her new part time job. With such small income, would...
- Tue Jul 22, 2014 4:37 pm
- Forum: Canada / United States Tax & Accounting
- Topic: How to bring by RRSP into the USA
- Replies: 22
- Views: 10419
- Tue Jul 22, 2014 4:35 pm
- Forum: Canada / United States Tax & Accounting
- Topic: How to bring by RRSP into the USA
- Replies: 22
- Views: 10419
How to bring by RRSP into the USA
Hello, And apologies if this is an oft asked question. I took some time to read other threads, but can't quite find the answer to my specific situation. I am American and my wife is in the process of becoming a permanent resident (about to have first post-marriage interview with USCIS, after which p...