topic Canadian with IRA witholding tax overpayment in Get your taxes done using TurboTax

Canadian with IRA witholding tax overpayment

pippin0 — Thu, 17 Oct 2019 22:22:30 GMT

I am a Canadian citizen with a Fidelity inherited IRA DBA and have 30% witholding tax deducted but the tax treaty only allows 15% to be witheld. Fidelity won't change the deduction and both Fidelity and Canadian Revenue Agency say I have to file a US tax return to claim it back. I am filing for a US tax ID # and want to know which Turbotax product to use for the purpose of filing for this overpayment? I will have to claim for 2017 and 2018 and the 2019 payment which will arrive soon. Can I do multiple years or do I have to file individually for each year? Which product will work? I have no other US income.

Re: Canadian with IRA witholding tax overpayment

dmertz — Fri, 18 Oct 2019 15:24:12 GMT

Regarding filing a Form 1040NR U.S. Nonresident Alien Tax Return:

https://ttlc.intuit.com/community/forms/help/does-turbotax-handle-form-1040nr-for-nonresident-aliens/00/26295

Re: Canadian with IRA witholding tax overpayment

BMcCalpin — Fri, 18 Oct 2019 23:39:35 GMT

1. "both Fidelity and Canadian Revenue Agency say I have to file a US tax return to claim it back" - this is true.

2. "Can I do multiple years or do I have to file individually for each year?" - you will file individually for each year.

3. "Which product will work?" - Follow dmertz's link above.

4. Although we Americans will be sad to see your tax dollars leave the country, I wish you luck with a simple and straightforward refund process...