401K rollover in the US. Report in Canada

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larklab
Posts: 14
Joined: Thu May 01, 2014 1:28 am

401K rollover in the US. Report in Canada

Post by larklab »

Hi,

I am a tax resident of both the U.S. and Canada. I rolled over a 401K to another 401K plan in the U.S. and was issued a 1099-R. Does this rollover get reported on my Canadian taxes and if so, how?
nelsona
Posts: 18675
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

No. Since it is a non-event in US, it is a non-event in Canada.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
larklab
Posts: 14
Joined: Thu May 01, 2014 1:28 am

Post by larklab »

Thanks!! That's a relief.
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