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I am a Canadian citizen living in Canada and received taxable interest from a US life insurance trust. The bank handling the trust withheld some of the trust dollars, so I need to file a US return to claim that money. How do I do that from Canada?
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@dedudette , the withholding agent ( the bank I assume ) , would have issued you a 1042-S showing the earned income and the taxes withheld. You need a Tax ID ( SSN or ITIN ) and file a return on form 1040-NR ( not supported by TurboTax).
The other way is to ignore the US filing, pay tax on this income in Canada and claim Canadian tax credit for foreign taxes paid ( to the USA ).
I am saying this without knowing the full story / antecedents of the case.
Is there more I can do for you ?
Thanks, pk. I am posting for a friend and expect to see copies of her tax forms soon. That will help figure out exactly what she needs to do. I appreciate your time.
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