It is my understanding that Alimony is not considered Canadian income for the purposes of Section 217 but is taxable by the US for recipients of Alimony from Canadian sources to a US Resident
For a Sec 217 filing, does the Alimony then become part of world income when attempting to reduce the 25% tax at the treaty rate for RRSP distributions?
Thanks in advance
Section 217 and Alimony
Moderator: Mark T Serbinski CA CPA
Re: Section 217 and Alimony
Yes, the alimony would be part of the world income.
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