Solved: Canadian Pension income
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New Member

Canadian Pension income

Hi.  I have a 2016 NR4 for Canadian Pension income.  I was able to enter the income but I am not able to receive the foreign tax credit for taxes withheld.
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Accepted Solutions
New Member

Canadian Pension income

To enter the NR4, treat it as if it is a SSA-1099 and enter it in the Retirement Plans and Social Security section, under ‘Social Security (SSA-1099, RRB-1099)’.

 Then, go to the Deductions and Credits section and select Foreign Taxes under ‘Estimates and Other Taxes Paid’ to enter any foreign tax you already paid to Canada on that income.

 For more info specific to the US/Canadian tax treaty, please see http://www.irs.gov/pub/irs-pdf/p597.pdf


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2 Replies
New Member

Canadian Pension income

Did you enter the information for the foreign tax paid "separately" from the income?
New Member

Canadian Pension income

To enter the NR4, treat it as if it is a SSA-1099 and enter it in the Retirement Plans and Social Security section, under ‘Social Security (SSA-1099, RRB-1099)’.

 Then, go to the Deductions and Credits section and select Foreign Taxes under ‘Estimates and Other Taxes Paid’ to enter any foreign tax you already paid to Canada on that income.

 For more info specific to the US/Canadian tax treaty, please see http://www.irs.gov/pub/irs-pdf/p597.pdf


View solution in original post

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