- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Seniors and students
Hi, thank you for using Intuit Turbo Tax Live Community
Usually IRA income is reported on line 115 and the final US tax paid is claimed as a foreign tax credit. The Canada Revenue Agency(CRA) has information on reporting IRA income:
Note: To support the claim for income tax required , CRA may ask for a US tax return to support the claim for the final tax paid.
In general if tax is paid to a foreign jurisdiction and not to Canada the claim on the tax return is for a foreign tax credit on the Canadian tax return
Like the link says you should likely contact CRA to get more information
Hope this helps