Not intending to claim tax for giving gift. Just want to make sure if the house is under my parents name, one day they sale it, pay me back, I won't be taxed again.
Question is how CRA trace tax for gifts? If I write my parents a check now, few years later, they return the money to me, do we have ...
Search found 3 matches
- Tue Nov 29, 2005 2:36 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Complex tax situation for a Canadian in US on TN
- Replies: 7
- Views: 8921
- Mon Nov 28, 2005 8:28 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Complex tax situation for a Canadian in US on TN
- Replies: 7
- Views: 8921
- Mon Nov 28, 2005 3:11 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Complex tax situation for a Canadian in US on TN
- Replies: 7
- Views: 8921
Complex tax situation for a Canadian in US on TN
First of all, thanks in advance for any thought/advice. I am a Canadian Citizen, moved to US for a job in Jan under TN. I have a few questions:
1. I only worked in Canada for three weeks this year, I have to file both US and Canadian Tax as a resident for this year. Correct?
2. My parents are ...
1. I only worked in Canada for three weeks this year, I have to file both US and Canadian Tax as a resident for this year. Correct?
2. My parents are ...