Search found 3 matches

by jtserbinski
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 ...
by jtserbinski
Thu Dec 01, 2016 10:27 pm
Forum: Canada / United States Tax & Accounting
Topic: DCPP Taxation by IRS
Replies: 4
Views: 3174

Thanks nelsona! I guess the key is employer-sponsored.
by jtserbinski
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 ...