Search found 3 matches

by shahzebasif
Mon Mar 20, 2023 6:21 pm
Forum: Canada / United States Tax & Accounting
Topic: Income reported and taxed on both T4 and W2
Replies: 6
Views: 1116

Re: Income reported and taxed on both T4 and W2

That does seem the most correct way to do my returns.

Thanks! Appreciate the help!
by shahzebasif
Thu Mar 16, 2023 9:06 pm
Forum: Canada / United States Tax & Accounting
Topic: Income reported and taxed on both T4 and W2
Replies: 6
Views: 1116

Re: Income reported and taxed on both T4 and W2

Sure, that makes sense. But my confusion is that my T4 contains my entire income. But part of that income is also on my W2 and taxed separately there. Would that mean that I don’t have to include that amount in my Canadian return as foreign income since the income on W2 is already included in T4 inc...
by shahzebasif
Thu Mar 16, 2023 7:31 pm
Forum: Canada / United States Tax & Accounting
Topic: Income reported and taxed on both T4 and W2
Replies: 6
Views: 1116

Income reported and taxed on both T4 and W2

Hi, I've got a confusing situation. Basically, I worked in the US for five years. But I moved back to Canada and am no longer a US permanent resident or a US tax resident. I continue to work for a subsidiary of the same company I used to work for. Part of my income is being reported on my W2 in addi...