Search found 2 matches

by genghee
Tue Nov 30, 2021 1:30 pm
Forum: Canada / United States Tax & Accounting
Topic: Stocks & Primary Residence Sale in Green Card Emigration Year
Replies: 2
Views: 865

Stocks & Primary Residence Sale in Green Card Emigration Year

Hi there, My parents will land in the US and activate their green cards on 4/1. Their primary concern is minimizing taxes on the sales of their stock portfolio and primary residence. My understanding is that they would become US tax residents on that day, and deemed non-residents in Canada on the sa...