Search found 5 matches

by noront2
Thu Sep 10, 2020 10:50 pm
Forum: Canada / United States Tax & Accounting
Topic: What are tax obligations in this situation?
Replies: 6
Views: 2022

Re: What are tax obligations in this situation?

My spouse has been unemployed for much of the past year so the income-repayment plan was $0 for student loans in 2019. I probably did pay more in taxes, though it was hard as a layperson to calculate whether it was more than the student loan obligation. I understand that the situation I outlined is ...
by noront2
Thu Sep 10, 2020 9:36 pm
Forum: Canada / United States Tax & Accounting
Topic: What are tax obligations in this situation?
Replies: 6
Views: 2022

Re: What are tax obligations in this situation?

Thanks very much! We filed separately in the US. My spouse has large outstanding student loans and is on an income-adjusted repayment plan and doesn't want my income added in. However, my income from the Canadian employer was reported as U.S. income. I've been running a U.S. office for a Canadian co...
by noront2
Thu Sep 10, 2020 2:02 pm
Forum: Canada / United States Tax & Accounting
Topic: What are tax obligations in this situation?
Replies: 6
Views: 2022

What are tax obligations in this situation?

I am a Canadian working remotely for the past few years in the U.S. for a Canadian company while on a work visa. I got married to a U.S. citizen while I was here and earlier this year I filed for my green card. As part of that process, I've been told I'm not allowed to leave the U.S. until I've rece...
by noront2
Fri Mar 20, 2020 11:29 pm
Forum: Canada / United States Tax & Accounting
Topic: 3520-A Penalty
Replies: 23
Views: 18669

Re: 3520-A Penalty

I am a Canadian citizen on a work visa in the U.S. working for my Canadian employer. Received a letter in the mail a week ago for failure to file a 3520-A for the 2017 tax year for my TFSA and issuing me a $10,000 fine. I was asked to move to the U.S. really quickly by my Canadian employer mid-year ...