Canadian Old Age Security Pension

[bardon719]

Hi all;

I just want to verify that what I'm reading is correct. Attached is text from Publication 915, which states as follows:

"CANADIAN OR GERMAN SOCIAL SECURITY BENEFITS PAID TO U.S. RESIDENTS. Under

income tax treaties with Canada and Germany, social security benefits paid

by those countries to U.S. residents are treated for U.S. income tax

purposes as if they were paid under the social security legislation of the

United States. If you receive social security benefits from Canada or

Germany, include them on line 1 of Worksheet 1, shown later"

The way I read this is that Canadian social security gets treated the same as US social security, and is taxable at the max of 85%. As mentioned above, line 1 of worksheet 1 is where social security benefits are reported.

Thanks,

Bardon

[Maura]

That is correct.