MarilynG1
Expert Alumni

Get your taxes done using TurboTax

Yes, you would be taxed on the entire distribution. Most IRA distributions are taxed in entirety also, even if a tax break was received initially for contributions. 

 

However, you can claim a Foreign Tax Credit for the tax you paid Canada on your retirement distribution.

 

Here's more info on Claiming the Foreign Tax Credit.

 

@srr 

 

 

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