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Get your taxes done using TurboTax
I am not sure if I reported it correctly. I am planning to discuss it one to one with a CPA in the following weeks.
What I did is the following, I reported the amount of money I withdrawed from the account under Federal Taxes, wages and income, Canadian Registered Pension Income.
And then under deduction and credit tab, I chose Foreign taxes to get credit. I get full credit on the amount of taxes I paid to Canada but the credit doesn't apply to this year of my tax return. I have to choose carry over option to the next year.
‎April 10, 2020
8:29 AM