Search found 2 matches

by victory
Mon Mar 23, 2020 8:37 pm
Forum: Canada / United States Tax & Accounting
Topic: Avoiding double tax on Cdn income as emigrant to US
Replies: 4
Views: 2031

Re: Avoiding double tax on Cdn income as emigrant to US

Thanks for the reply nelsona! Can you describe why #3 is best? I'm not sure if there's a problem with my math, but it seems to indicate that #3 will substantially increase my tax burden more than #1 or #2. If I use 1116 to claim the FTC, I'd have to pay a marginal rate of 33.3% on $11,485 of additio...
by victory
Sat Mar 21, 2020 11:21 pm
Forum: Canada / United States Tax & Accounting
Topic: Avoiding double tax on Cdn income as emigrant to US
Replies: 4
Views: 2031

Avoiding double tax on Cdn income as emigrant to US

I'm a TN visa holder that emigrated from Canada on 2019/01/29 to the US. Even though I quit my job in Canada in Dec 2018, I received my last (Canadian) paycheck in Jan 2019, and hence have taxable Canadian wage income for 2019; I'm trying to figure out the best way to avoid or minimize IRS taxes on ...