Search found 6 matches

by joeg
Fri Dec 29, 2023 4:42 pm
Forum: Canada / United States Tax & Accounting
Topic: 1040 only or 1040NR Dual Status?
Replies: 3
Views: 35840

Re: 1040 only or 1040NR Dual Status?

nelsona wrote: > Figure out your Cdn tax (it is all taxable in canada), and then choose the simplest return that will yield a lower tax than Canada. how is it all taxable in Canada if I was in the USA legally working from 2018 to Aug 31, 2023 straight? I was a deemed non-residents of canada and a re...
by joeg
Wed Dec 27, 2023 1:22 am
Forum: Canada / United States Tax & Accounting
Topic: 1040 only or 1040NR Dual Status?
Replies: 3
Views: 35840

1040 only or 1040NR Dual Status?

Single Canadian citizen with all the ties in Canada (Still own home, car, bank accounts, investment accts etc in Canada and paid car insurance, property tax, utilities for the Canadian property all throughout the 5 years in the US. Only came back for 2 weeks each year except of course when border wa...
by joeg
Wed Dec 20, 2023 11:45 pm
Forum: Canada / United States Tax & Accounting
Topic: Dual Citizen Lives/Works in US - Any Tax Obligation When Visiting Canada?.
Replies: 12
Views: 18336

Re: Dual Citizen Lives/Works in US - Any Tax Obligation When Visiting Canada?.

She cannot state she will be working remotely. US don't have a remote visa like some countries have. Any mention of working is not good.
by joeg
Wed Dec 20, 2023 11:17 pm
Forum: Canada / United States Tax & Accounting
Topic: 1099-INT tax withholding for CAD resident
Replies: 5
Views: 11288

Re: 1099-INT tax withholding for CAD resident

[quote=nelsona post_id=529925 time=1702819707 user_id=30]
Bank interest is not reported on a 1040NR unless it is part of a business in US.
[/quote]

Yes I am aware of "not effectively connected with a U.S. trade or business" statement. But was wondering what the % rate is.
by joeg
Sat Dec 16, 2023 5:20 pm
Forum: Canada / United States Tax & Accounting
Topic: 1099-INT tax withholding for CAD resident
Replies: 5
Views: 11288

1099-INT tax withholding for CAD resident

What is the rate that it is supposed be to charged as I am doing 1040/1040NR and figuring out stuff? I found conflicting amount for Article XI One document https://www.irs.gov/pub/irs-trty/canada.pdf states not exceed 15% Then this https://www.irs.gov/pub/irs-utl/tax-treaty-table-1.pdf states 0% ano...