- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@melodylong-ml , is it possible that you got that interest payment from the IRS because of delayed refund or adjustment etc. ? If that is the case then this is US sourced income and recognized/reported on your US filing for the year in which you received the interest amount. If you have to include this on your Canadian tax filing , and Canada taxes this interest then you may have to file form 1116 to claim FTC with income being resourced by treaty. All this depends on exact facts and circumstances.
So please tell more on what this is --yes ?
‎February 23, 2025
1:52 PM