What if I put my departure date as Jan 4, 2020?
So it would be in year 2020.
Search found 7 matches
- Fri Sep 13, 2019 1:17 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help Tax Planning on becoming a non-resident with Complications
- Replies: 15
- Views: 9203
- Thu Sep 12, 2019 10:03 am
- Forum: Canada / United States Tax & Accounting
- Topic: Help Tax Planning on becoming a non-resident with Complications
- Replies: 15
- Views: 9203
Re: Help Tax Planning on becoming a non-resident with Complications
Hello Nelsona,
So to confirm.
If on Jan 4th 2020. I tell Canada I'm a non resident and include it in my 2019 income. I would be taxed as if it is my entire income for 2020 and it would be
Federal tax: ~ $1,300
Quebec tax: ~ $1,325
Correct?
So to confirm.
If on Jan 4th 2020. I tell Canada I'm a non resident and include it in my 2019 income. I would be taxed as if it is my entire income for 2020 and it would be
Federal tax: ~ $1,300
Quebec tax: ~ $1,325
Correct?
- Tue Sep 10, 2019 5:51 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help Tax Planning on becoming a non-resident with Complications
- Replies: 15
- Views: 9203
Re: Help Tax Planning on becoming a non-resident with Complications
Got. What about Q1 about the First Home Buyers plan?
- Tue Aug 27, 2019 10:05 am
- Forum: Canada / United States Tax & Accounting
- Topic: Help Tax Planning on becoming a non-resident with Complications
- Replies: 15
- Views: 9203
Re: Help Tax Planning on becoming a non-resident with Complications
nelsona wrote:
> 4). No, only moved within Canada are eligible for moving expenses. US, of
> course, no longer allows moving expenses.
Damn! Could I report the moving expenses on my US tax return?
> 4). No, only moved within Canada are eligible for moving expenses. US, of
> course, no longer allows moving expenses.
Damn! Could I report the moving expenses on my US tax return?
- Tue Aug 27, 2019 10:03 am
- Forum: Canada / United States Tax & Accounting
- Topic: Help Tax Planning on becoming a non-resident with Complications
- Replies: 15
- Views: 9203
Re: Help Tax Planning on becoming a non-resident with Complications
nelsona wrote:
> If you leave in October, that is your departure date. You then have 60 days
> to pay your HBP or it becomes taxable on your departure return for 2019,
> added to your other income for the year.
>
> You don't have to do anything to be considered non-resident except move to
> US.
I ...
> If you leave in October, that is your departure date. You then have 60 days
> to pay your HBP or it becomes taxable on your departure return for 2019,
> added to your other income for the year.
>
> You don't have to do anything to be considered non-resident except move to
> US.
I ...
- Sun Aug 25, 2019 1:47 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help Tax Planning on becoming a non-resident with Complications
- Replies: 15
- Views: 9203
- Thu Aug 22, 2019 1:50 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help Tax Planning on becoming a non-resident with Complications
- Replies: 15
- Views: 9203
Help Tax Planning on becoming a non-resident with Complications
Hello Everyone,
I'm new to the forum and one of my friends which is an accountant told me to try posting my situation here.
I'm a dual US/Canadian Citizen living in Canada and is moving to the US on October 1. I work for a Canadian company which has a Sister US Company that they will transfer me to ...
I'm new to the forum and one of my friends which is an accountant told me to try posting my situation here.
I'm a dual US/Canadian Citizen living in Canada and is moving to the US on October 1. I work for a Canadian company which has a Sister US Company that they will transfer me to ...