I moved to the US around mid last year(2017). I have some CAD income during the first half of the year(2017) and I have some unused RRSP contribution room.
Is there any penalty of any sort or any taxation issue if I contribute before March 1st 2018 to be deducted for the 2017 tax year?
Thank you
Search found 17 matches
- Sat Jan 27, 2018 12:29 am
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian in the US contribution RRSP for the departure year
- Replies: 7
- Views: 4680
- Sat Jan 27, 2018 12:24 am
- Forum: Canada / United States Tax & Accounting
- Topic: CAD Investment options for Canadian in the US
- Replies: 2
- Views: 2158
CAD Investment options for Canadian in the US
I have some savings in a Canadian bank and I don't want to exchange it to USD yet due to the low exchange rate. Which investment options (I know mutual funds and ETF are not good) will not cause a US tax preparation burden. Is there a way to invest the CAD in a US bank (everbank for example allow a ...