Tax
US Estate Tax for Canadians: The $60,000 Rule Nobody Mentions
Nobody talks about this until it's too late. If you own US stocks in any account, your estate has a filing obligation with the IRS that could cost thousands.
The CRA doesn't make cross-border investing easy. Withholding tax, foreign tax credits, T2209s, the W-8BEN. I'll break down what you actually owe, what you can claim back, and which accounts save you the most.
Tax
Nobody talks about this until it's too late. If you own US stocks in any account, your estate has a filing obligation with the IRS that could cost thousands.
Tax
I don't remember filling mine out. Most brokers bury it in the signup flow. But if yours didn't, or it's been 3 years, you're quietly overpaying on every US dividend.
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The Loonie Bin is for informational purposes only. This isn't investment advice. Andrew Mercer isn't a registered financial advisor. Always do your own research.