Search found 1 match

by Tavia
Mon Jul 18, 2022 3:30 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian Land Sale
Replies: 2
Views: 1944

Canadian Land Sale

I’m a family shareholder in a Canadian farm corporation. I ama US CITIZEN and Resident. I have only filed US tax returns for the past 25 years. My portion of the Canadian income from the land is $500,000. How do I declare this income? Do I file a Canadian tax return even though I’m not a Canadian re...