If I took funds out of a Canadian RRSP and paid a 25% non-resident withholding tax at the time of withdrawal, do I have to report the funds as income on my US taxes?

Forum|Forum|7 years ago
June 1, 2019
4 replies
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Best answer by CherylW

The closest I could find was this letter from the Franchise Tax Board and it may even be outdated, but it seems in this letter to be taxable:

https://www.ftb.ca.gov/law/infoletter/20030321.pdf

CherylWAnswer

Level 11

The closest I could find was this letter from the Franchise Tax Board and it may even be outdated, but it seems in this letter to be taxable:

https://www.ftb.ca.gov/law/infoletter/20030321.pdf

CherylW

Level 11

Yes. Look farther down on the page after you click See Entire Answer. Report it as TurboTaxLina says:

https://ttlc.intuit.com/replies/6009545

[Edited 4/8/2019|4:41 PM]

lzhou172_tt

Level 2

Hi CheryIW: I did as you mentioned for my RRSP distribution. I find that in my State (CA) return, the RRSP distribution amount is subtracted from the total adjusted income and there is no tax impact in state (CA) tax return. Is it true? Do I have do some adjustment for state tax?