Search found 3 matches

by bvadrich
Tue Mar 29, 2022 10:43 am
Forum: Canada / United States Tax & Accounting
Topic: End of US Residency
Replies: 1
Views: 847

End of US Residency

Hello, After working and living in the US for a couple years I returned to Canada. Here is a short breakdown of event. On January 5th, 2021, I signed a FIRPTA affidavit certifying my US person status. This was connected with the sale that closed on January 19. On January 16th, 2021, I left the USA f...
by bvadrich
Fri Dec 18, 2020 8:12 pm
Forum: Canada / United States Tax & Accounting
Topic: FIRPTA withholding for TN visa holder
Replies: 2
Views: 1490

FIRPTA withholding for TN visa holder

Hello, I am a Canadian citizen on a TN visa. I work for a California company. I am trying to sell my house. I paid US taxes in 2018 and 2019. I have an SSN. Suppose, I leave the US (but continue working for the California company), and therefore cannot pass the substantial presence test in 2021. The...
by bvadrich
Sat Dec 12, 2020 2:05 pm
Forum: Canada / United States Tax & Accounting
Topic: TN Visa holder selling US Primary residence and return to Canada
Replies: 1
Views: 1099

TN Visa holder selling US Primary residence and return to Canada

Hello, I am a Canadian citizen working in California on a TN visa. Now my family and I are considering returning to Canada. We want to sell our US primary residence. We have no real estate in Canada. What will be the tax implications of selling our US residence? I know that Canada and the US both ha...