I am a resident of Canada and am receiving US social security benefits. How do I avoid double taxation, since I am paying on both US and Canadian returns in TurboTax.

Forum|Forum|6 years ago
June 6, 2019
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TurboTax Deluxe Online

DoninGA

Employee

See IRS Publication 597 Information on the United States–Canada Income Tax Treaty page 3 - https://www.irs.gov/pub/irs-pdf/p597.pdf#page=3

U.S. social security benefits paid to a resident of Canada are taxed in Canada as if they were benefits under the Canada Pension Plan, except that 15% of the amount of the benefit is exempt from Canadian tax.

You would not include your US Social Security benefits on a US federal tax return when those benefits are being reported on the Canadian tax return.

joebio32

I am a Canadian and live in Canada and receive a US pension from a hospital I worked at in the US and Social Security. Should I be leaving these of my US federal tax return when those benefits are being reported on the Canadian tax return?

JohnB5677

If you receive a pension from the United States, you must include it in your Canadian tax return.
Due to the tax treaty between the two countries, you can deduct any U.S. taxes paid on your pension, as well as 15 percent of any U.S. Social Security benefits.
If you have been receiving U.S. Social Security benefits continuously since 1995, or if you are receiving death benefits for a spouse, you may be eligible for a 50 percent deduction.
Canadian residents pay taxes on these benefits only to Canada.