Steve M Posted May 18, 2010 Report Share Posted May 18, 2010 My client has a position in a Canadian utility and his brokerage (or the company) withheld taxes on a dividend he received. He is a U.S. citizen and lives in the U.S. How is this handled at tax time. Does he file a canadian tax return, or can he claim a foreign tax credit on his U.S. Taxes? Does Canada get to keep the taxes regardless? Befuddled! Anyone else had this situation? Suggestions on how to handle? Thanks, Steve M Quote Link to comment Share on other sites More sharing options...
Lion EA Posted May 18, 2010 Report Share Posted May 18, 2010 Foreign tax credit Quote Link to comment Share on other sites More sharing options...
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