Serbinski Accounting Firms

Status: Dual citizen, US resident, commute to and employed in Canada (as an employee) by a large Canadian corp. Non resident in Canada for tax purposes Question: When filing a 1040, can this foreign CDN income be reported as self employment income? Apparently, there are several cross border employee...

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Thank you, I do appreciate your time. I will re-search cpp (thanks for the tip) As for pension deduction, (and union dues?), just subtract them from gross earning and the resulting number would be the foreign income? It sounds simple and logical, I just thought the IRS would have mad it a lot more c...

Maybe I'm searching the wrong words,I've searched: 1116 T4 deductions Canadian Pension Deductions Ive also read IRS pub 54 Ive been on Turbo tax website I'm obviously not typing/asking the right questions. All I can find is general info, no specific data entry location points any help would be appre...

How would one going about claiming T4 deductions on the 1040?
CPP, EI, Pension contribution
Looked online can't find a thing.

For a non expert, you make a lot of sense ;) The explanation I was given by those who do not claim their pension deduction (to the IRS) is that a nonresident of Canada will only pays 15% tax to CRA when they start drawing their pension. This 15% will mean that the IRS will likely assess more taxes a...

That makes sense. Thank you also for the link. On a related topic, would I report my pension contributions as a deduction on my 1040? I have heard some employees do and some don't. where is there guidance for such info? Also has your firm handled situations like mine, if so I would like to discuss f...

Other employees in a similar predicament are telling me they divide the flying up into work done in Canada vs. Work done outside Canada and file those percentage's with CRA for a reduced tax liability. But the way the treaty reads, it sounds like transportation employees like myself would have no ta...

Dual citizen, living in the US

I live in the US and work for an airline in Canada. I commute into Canada w(where I am based) and then fly around the world. Am I subject to pay any tax in Canada-I know I will have an obligation to the IRS Tax treaty says... under ARTICLE XV (Dependent Personal Services) ... 3. Notwithstanding the ...