RRSP withdrawl for CDN citizen whi is currently a

This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.

Moderator: Mark T Serbinski CA CPA

Post Reply
breck moore
Posts: 4
Joined: Tue May 31, 2005 3:23 pm

RRSP withdrawl for CDN citizen whi is currently a

Post by breck moore »

I currently living and working in the U>S and that has been my primary residence for the past 3 years. i have Canadian RRSP that am considering withdrawing. When I withdrawl them what are my options regarding paying taxes ( re: IRS/ revenue Canada ), and do i need to report these withdrawls to the IRS if i withdrawl as a Canadian citizen? i know this may be a common question for you, however i have been unable to understand the limited advice and information i've received to make a good decision. hoping you can point me in the right direction.
Sincerly
BM
Post Reply