Search found 17 matches

by sedona
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: 4569

Canadian in the US contribution RRSP for the departure year

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
by sedona
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: 2127

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 ...