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    Cyborggodd's Avatar
    Cyborggodd Posts: 3, Reputation: 1
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    #1

    Apr 11, 2011, 05:26 AM
    CDN Resident, IRA Withdrawals.
    A Canadian Citizen and resident, I have been told by the IRS that I can claim dependents (exemptions) on my IRA withdrawals (the fund origin being a 401(k) dating back to when I was a resident alien in the U.S.).
    The CAN/AM agreed 15% tax rate is still applied, but the earnings base would be reduced. Unfortunately, form 1040NR does not lend itself to a flat 15% rate (unless I am missing something). Any clues? PUB 519 is a quagmire, and hasn't helped.
    taxesforaliens's Avatar
    taxesforaliens Posts: 649, Reputation: 117
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    #2

    Apr 11, 2011, 11:38 AM
    That would be on Schedule NEC, page 4 of form 1040NR
    http://www.irs.gov/pub/irs-pdf/f1040nr.pdf
    Cyborggodd's Avatar
    Cyborggodd Posts: 3, Reputation: 1
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    #3

    Apr 11, 2011, 01:02 PM
    That seems reasonable; thank you very much.
    Pfg.

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