u/Awkward_Shape_5691

Amend return with desktop TurboTax

I want to amend my return to add some interest income and this video describes it to some extent but the amend sequence can only be initiated after doing File->New Tax Return at which point the context of the original return is lost. I can add the interest income but I see no way to correlate it to the original return. Am I missing something here?

u/Awkward_Shape_5691 — 1 day ago

▲ 0 r/cantax

Nonresident pay 25% tax on CPP without including world income?

I am retired in the US receiving about $5000/year in CPP. I didn’t do any withholding thinking I would declare it as US income but as that would push me over a threshold on my US return I now want to file and declare it in Canada. Working through the forms it looks like I have to include my worldwide income which significantly increases my tax liability. Is my understanding correct, and is there a way I can just pay 25% tax on the $5000?

reddit.com

u/Awkward_Shape_5691 — 2 days ago