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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: LTBH who wrote (9818)	9/27/2005 5:40:25 PM
From: Tommaso	Read Replies (1) \| Respond to of 11633

There is no great mystery about Form 1116, and in fact TurboTax includes it and will figure your tax credits. The 15% Canadian withholding tax is clearly allowable as a credit against US taxes. The tax is mostly a loss for IRA accounts. The ROC is likewise quite simple. You just adjust the basis of your stock by subtracting the ROC payments. Some U.S. brokerages do not report these things correctly on the 1099-DIV forms, however.

To: LTBH who wrote (9818)	9/27/2005 5:44:56 PM
From: Tommaso	Read Replies (1) \| Respond to of 11633

>>>>Thats quite a half truth which must be meant to confuse and misdirect based on the lack of definition you provide. <<< That's not true but my goodness, it certainly is personally insulting.