Search found 3 matches
- Sun May 01, 2022 1:32 am
- Forum: Canada / United States Tax & Accounting
- Topic: Inheriting RRIFSs/TFSA as a non-resident of Canada
- Replies: 7
- Views: 33452
Re: Inheriting RRIFSs/TFSA as a non-resident of Canada
I'm going through this right now, and so far have received one RIF, full proceeds. The tax at collapse of the RIF at death is paid by the estate in the final return. The estate is issued a T4RIF with Box 18. I was told the investment GAINS from death to when it is paid out to me is taxed. They would ...
- Thu Dec 01, 2016 10:27 pm
- Forum: Canada / United States Tax & Accounting
- Topic: DCPP Taxation by IRS
- Replies: 4
- Views: 3174
- Fri Nov 25, 2016 3:02 pm
- Forum: Canada / United States Tax & Accounting
- Topic: DCPP Taxation by IRS
- Replies: 4
- Views: 3174
DCPP Taxation by IRS
Hi!
This is a technical question in understanding why a (Canadian) DCPP which is later transferred into a LIRA (then a RRIF), one cannot make withdrawals where *some* of the withwdrawl is tax free (return of capital). I have read this in the forum but don't really understand the technical basis. I ...
This is a technical question in understanding why a (Canadian) DCPP which is later transferred into a LIRA (then a RRIF), one cannot make withdrawals where *some* of the withwdrawl is tax free (return of capital). I have read this in the forum but don't really understand the technical basis. I ...