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Hi, We received an amount of money from a US resident and

Hi, We received an amount of...
Hi,

We received an amount of money from a US resident and we live in Canada and we paid some taxes in the US for this and wondered if we could recover any of them?
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Answered in 3 minutes by:
7/2/2013
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 30,133
Experience: Taxes, Immigration, Labor Relations
Verified

LEV :

Hi and welcome to Just Answer!
Can you please verify what were you paid for?
Is that a payment for services you provided? Or you sold a property to the US resident?
Any additional details about your transaction might be helpful.

Customer:

I'm sorry I missed the most important part. This was an enheritance from a US resident.

LEV :

Inheritance is not taxable income in the US.
I an not sure why you paid taxes on inheritance...
Did you sell inherited property? Or that was a distribution from the retirement account?
What type of taxes did you pay?
Any additional details about your transaction might be helpful.

Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 30,133
Experience: Taxes, Immigration, Labor Relations
Verified
Lev and 87 other Tax Specialists are ready to help you
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Lev
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 30,133
30,133 Satisfied Customers
Experience: Taxes, Immigration, Labor Relations

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