Part XIII not deducted

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overthehill
Posts: 15
Joined: Thu Feb 18, 2021 2:09 pm

Part XIII not deducted

Post by overthehill »

I'm a long-time non-resident of Canada living in the US.

I received about C$10k in interest from the Canadian federal government in 2023. I informed the paying agency that I am a non-resident, living in the US. They did not deduct any tax and issued a T5 at the end of the year.

I'm wondering if I should contact the non-resident office, or just wait for them to put the clues together and send me a notice of collection with interest penalties. I'd really like to just close it out ASAP so all my returns are accurate.
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nelsona
Posts: 18364
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: Part XIII not deducted

Post by nelsona »

By treaty, US residents do not have any Cdn tax obligation on interest, a no withholding was necessary.
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing :D
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overthehill
Posts: 15
Joined: Thu Feb 18, 2021 2:09 pm

Re: Part XIII not deducted

Post by overthehill »

Thank you for this! Much appreciated.
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