Search found 272 matches
- Mon Apr 25, 2016 12:58 pm
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8653
- Mon Apr 25, 2016 12:18 pm
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8653
- Mon Apr 25, 2016 12:08 pm
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8653
- Mon Apr 25, 2016 11:58 am
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8653
- Mon Apr 25, 2016 11:45 am
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8653
- Mon Apr 25, 2016 11:21 am
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8653
- Mon Apr 25, 2016 11:16 am
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8653
OK so if I have to do section 217 manually, just include in departure return mailing? Any opinion on whether it is worth it for my husband to do a section 217 return? RRSP worth 40k as well. Canadian income mid 50k, moving to uk in August where income will be mid-40k (they provide housing). If no se...
- Mon Apr 25, 2016 10:48 am
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8653
- Mon Apr 25, 2016 9:34 am
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8653
Thank you! I am leaning toward collapsing them though, so as to be done with it. Also if our Canadian house doesn't sell before we go, that $ would help us pay house expenses. Can eventually move money into UK pension, which the government tops up 20%. Wouldn't have to invest so conservatively as we...
- Sun Apr 24, 2016 3:58 pm
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8653
- Sun Apr 24, 2016 11:22 am
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 24
- Views: 8653
reporting RRSP/RRIF distributions to IRS
I understand that as an American, contributions are tax-exempt while growth is not. This should be easy to calculate if we collapse the RRSP all at once, however, if it happens in stages or periodic payments, how do we determine what is taxable? Will we have to keep complicated spreadsheets?
- Sun Apr 24, 2016 11:11 am
- Forum: Canada / United States Tax & Accounting
- Topic: reporting RRSP/RRIF distributions to IRS
- Replies: 2
- Views: 1567
reporting RRSP/RRIF distributions to IRS
I understand that as an American, contributions are tax-exempt while growth is not. This should be easy to calculate if we collapse the RRSP all at once, however, if it happens in stages or periodic payments, how do we determine what is taxable? Will we have to keep complicated spreadsheets?
- Thu Mar 31, 2016 7:04 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12799
- Thu Mar 31, 2016 4:29 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12799
Thanks. It's just that my husband gets paid through July 31 complete with RRSP contributions. So how could that work if we converted to an RRIF before that? We will be in the UK by August 1. Thinking of moving from RBC to RBC Direct Investing. They said i'd have to change to an RRIF at the main bran...
- Thu Mar 31, 2016 1:38 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12799
Very good. The bank is saying we have to physically sign papers, which we can do right before we go. But I am wondering if we can move the RRIF somewhere else even once we are gone. It's good to know that these questions won't affect the tax rate we get from Canada as long as we are non-resident whe...