RRSP Transfer Tax Implications

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Ther673
Posts: 1
Joined: Sat Sep 28, 2019 6:30 pm

RRSP Transfer Tax Implications

Post by Ther673 »

Canadian citizen and U.S resident.

Are there any IRS tax implications of performing an in-kind transfer of RRSP assets to a different broker while residing in the U.S?
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nelsona
Posts: 18697
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: RRSP Transfer Tax Implications

Post by nelsona »

None. as long as the transfer incurs no Cdn income, there will be no US income either.
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
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