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by skyzee
Fri Apr 20, 2018 1:46 pm
Forum: Canada / United States Tax & Accounting
Topic: RRSP withdrawal as non-resident - tax credit vs deduction
Replies: 2
Views: 1967

Sorry, one other clarification I'd like is that the deduction in case #2 can be used for US sourced income. Thank you!
by skyzee
Fri Apr 20, 2018 1:41 pm
Forum: Canada / United States Tax & Accounting
Topic: RRSP withdrawal as non-resident - tax credit vs deduction
Replies: 2
Views: 1967

RRSP withdrawal as non-resident - tax credit vs deduction

Hello!

I've found the information in this forum very useful and I'm hoping to get some further clarification on some information I've read here regarding foreign tax credits. I'll be moving to the US soon as a green card holder.

From my understanding, if I withdraw my RRSP at the 25% withholding ...