07-26-2015, 01:33 PM
I'm getting conflicted info on the internet about Canadian stocks and being a U.S. resident concerning taxes.
I know about the Foreign Tax Deduction when securities are held in a brokerage account but that's not the issue. I've read that as long as Canadian stocks are held in a retirement account they will not be subjected to foreign taxes due to a Treaty between the U.S. and Canada. However, I noticed that people are running into a problem where taxes are being withheld using certain brokers even in a Roth account? I believe Dividend Growth Investor (DGI) has run into this problem and was never able to resolve the issue through, I believe, ShareBuilder?
Anyone else running into this problem?
I emailed Vanguard and hopefully will be getting an answer this week.
I know about the Foreign Tax Deduction when securities are held in a brokerage account but that's not the issue. I've read that as long as Canadian stocks are held in a retirement account they will not be subjected to foreign taxes due to a Treaty between the U.S. and Canada. However, I noticed that people are running into a problem where taxes are being withheld using certain brokers even in a Roth account? I believe Dividend Growth Investor (DGI) has run into this problem and was never able to resolve the issue through, I believe, ShareBuilder?
Anyone else running into this problem?
I emailed Vanguard and hopefully will be getting an answer this week.