Search found 5 matches
- Fri Sep 13, 2019 9:43 am
- Forum: Canada / United States Tax & Accounting
- Topic: Selling RSUs before coming to Canada or after coming to Canada
- Replies: 11
- Views: 8057
Re: Selling RSUs before coming to Canada or after coming to Canada
Umm. There are no quotes now. I just copy pasted your statement
- Thu Sep 12, 2019 10:04 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Selling RSUs before coming to Canada or after coming to Canada
- Replies: 11
- Views: 8057
Re: Selling RSUs before coming to Canada or after coming to Canada
Hard to read what you said (don't bother with quotes, etc, they don't help) , but remember that your exercise, while it may have been withheld at 30%, is merely the withholding. You still have to report the full $10 amount as income on your 2019 IRS return, and pay whatever tax is owed. What was ...
- Thu Sep 12, 2019 6:42 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Selling RSUs before coming to Canada or after coming to Canada
- Replies: 11
- Views: 8057
Re: Selling RSUs before coming to Canada or after coming to Canada
Not sure how to edit something - this is what I meant to type but was on the phone earlier.
I did some research myself, and if I don't have tax residency in the US for the year, I don't have to pay taxes on gains.
So let's say, 10$ a share in Jan 2019 when it was alloted to me. 3$ is deducted at ...
I did some research myself, and if I don't have tax residency in the US for the year, I don't have to pay taxes on gains.
So let's say, 10$ a share in Jan 2019 when it was alloted to me. 3$ is deducted at ...
- Thu Sep 12, 2019 6:37 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Selling RSUs before coming to Canada or after coming to Canada
- Replies: 11
- Views: 8057
Re: Selling RSUs before coming to Canada or after coming to Canada
Thanks for responding.
I did some research myself, and if I don't have tax residency in US for the year, us taxes it at 30% which is already deducted at the time of allotment.
So let's say, 10$ a share in Jan 2019 when it was alloted to me.
3$ is deducted and I receive 7$
I move to Canada in ...
I did some research myself, and if I don't have tax residency in US for the year, us taxes it at 30% which is already deducted at the time of allotment.
So let's say, 10$ a share in Jan 2019 when it was alloted to me.
3$ is deducted and I receive 7$
I move to Canada in ...
- Sat Aug 31, 2019 1:12 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Selling RSUs before coming to Canada or after coming to Canada
- Replies: 11
- Views: 8057
Selling RSUs before coming to Canada or after coming to Canada
Hi,
I will be moving from California, the US to Canada permanently In Sep 2019. I have some RSUs that were granted to me by my US employer and have vested. There has been a 30% withholding in the US for all of these RSUs but I haven't sold any. I am not sure how taxation will work for these RSUs ...
I will be moving from California, the US to Canada permanently In Sep 2019. I have some RSUs that were granted to me by my US employer and have vested. There has been a 30% withholding in the US for all of these RSUs but I haven't sold any. I am not sure how taxation will work for these RSUs ...