Serbinski Accounting Firms

Which software do you recommend?

I am currently doing everything manually (on the PDFs available from the IRS and NY State Tax) and will be mailing in the tax forms. This includes federal tax (just 1040-NR-EZ) and the NY State (IT-203, and applicable documents like IT-2).

[quote=nelsona post_id=268313 time=1586902187 user_id=30]
Don't forget that you can use the Cdn taxes that you paid during 2019 as part of the deduction you calculate on 1040. This may get you into the itemized deduction greater than the 24000.

Remember, the fake 1040 you are preparing is MFJ, so ...

Thanks again. the joint rate was worse. Had a quick question. I am completing the NY IT-203 which asks if there are any foreign bank accounts (Item D1). The instructions state that people should mark Yes if they also filed a federal schedule B.

Because I didn't do a Schedule B since I am a non ...

Thanks. I think you posted about this before throughout the forum. I will look into it. Right now there is a significant difference in the return as a resident vs non-resident. Even if I am taxed fully as a resident in Canada, I probably have a lot of carryover tuition credits from previous years ...

Just to provide some context. What if I had tuition credit available to me as well and both that credit+the foreign credit exceed what my estimated tax return in Canada would be.

Would I be worse off?

Thanks. I guess the more taxes held by the US will result is more tax credit available in Canada which would be beneficial. If I receive a return from the US, I assume that I would have less credit available in Canada.

How does the tax credit work in Canada?

Its very confusing at this point.

Do you recommend filing as a resident if the return is greater? Based on my basic understandings, this is likely because a resident standard deduction is better than the itemized deduction available to non-residents.

Would I have to do anything different other than use a different form to file a ...

You said to check the commuter box. Would that be applicable even if I currently have housing (i.e. live in the NY State)?

I am also trying to figure out if I am a resident of NY state or not. It constantly refers to domicile and permanent place of abode in determining resident status.

While ...

Further to that (wish I could edit my post), with regards to the 1040NR;

I assume I would not need an exemption (Table L of the 1040NR) for 2019. Is that correct?

For Section G (with the dates of entry and departure), what do I do if there are more dates than lines provided in the table. For ...

Thanks for that clarification.

I do live in the US most of the time (i.e. I have rented a home on a one year lease for the time that I am working in the US). I travel some weekends back to Canada to see my family and spouse. I have travelled enough in 2019 that I spent less than 183 days per SPT ...

Married working in US since June. Spouse in Canada. I travel usually on weekends back to Canada. For 2019, I have been under 183 days per the substantial presence test.

Different people have given different opinions. Some say to file as full resident (1040) or non-resident (1040NR).

I will be in ...