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CRA is still reviewing my tax file.

Anyone can share some insight on RRSP contribution room affected by 401k?

CRA is still reviewing my tax file.
Anyone had any insight on the RRSP contribution room affected by 401K?

Since CRA is very slow in processing and reviewing my tax return, I haven't received a NOA for quite sometime. So I need to ask this lovely forum to plan my next year RRSP contribution. I searched history post on this topic and I am aware that ONLY 401K Employer's contribution (not employee contribu...

Just found out that my husband's 401k has traditional account and roth account.
He never reported anything on Roth account to CRA. What could he do?

Any suggestions?

Forgot to ask an important question: if US tax paid can't be used fully as FTC, will extra go to line 23200 in T1?

Forgot to ask another question: if US tax paid can't be used all as FTC, will the extra goes to line 23200 on T1?

Background: US commuter, residents for both US and Canada 1) just to clarify that there is no cap on FTC on US-based employment income 2) Generally speaking, FTC on foreign capital gain has a 15% cap on US tax paid except it's US-sourced. I wonder if RSU issued by a US company would qualify the exem...

Since US husband has to pay CRA 10k for tax owing. It's a large amount.
When he file US return, can he put this amount on itemized deduction form 'Other tax' line, or put on 1116 foreign tax credit?

Thx

One more question, for form T2209, "foreign income": is it total gross income without any standard/itemized deductions? E.g., wage + interest+dividend+capital gain. Can we just "adjusted gross income" or "Taxable income" in 1040?

Just submitted the MFJ return for US for US husband and Canada wife. Happy to save some money Trying to file Canada tax files with T2209 for foreign tax credit for US wage, realizing that US husband owes a looooot to CRA. Basically, the money saved by MFJ from IRS now turns into the hand of CRA. Any...

After going through previous posts on this topic, I just want to make sure I understand it correctly. For US filing, on Form 1116, we can use Canadian tax actually paid during the filing year, in sometimes it's over paid, as we would get refund the next year. For Canada Filing, on form T2209, we use...

I got to know that RESP is no longer subject to 3520/3520-A reporting. However, do we still need to report dividend, interest, etc on 1040 as foreign income annually? Specifically, I want to know how to report the Government Grant. It's basically cash sitting in the brokage account. Shall I report i...

Nelsona, where are you? Your insight, please

Here is some background: Husband works in the U.S., wife works in Canada, for the past several years and for now. Don't expect to change in near future. Several years ago, when the husband learnt to file U.S. tax, he applied an ITIN for the wife, aka, treating nonresident wife as a U.S. resident. So...