Search found 3 matches

by LS2023
Mon Apr 28, 2025 3:06 pm
Forum: Canada / United States Tax & Accounting
Topic: Question about foregin tax credit
Replies: 2
Views: 4114

Re: Question about foregin tax credit

Other than using foreign tax credit, there is cross-border tax treaty already there for many years.

Pls. surf on the internet for this subject "Canada-US Cross Border Tax Issues In Connection With Employee Stock Option" etc.
In my understanding, here "stock options" should include employee stock ...
by LS2023
Tue May 28, 2024 1:30 pm
Forum: Canada / United States Tax & Accounting
Topic: Managing cap gains tax liability cross border
Replies: 4
Views: 2898

Re: Managing cap gains tax liability cross border

hi Nelsona,

Thanks a lot for your message. I have read your posts here for many years and know your warm-heartedness :-)

The thing is, the Canadian self-directed brokage that I still have some funds with (yes, has restriction on trading) is not willing to sign legal letters on this; while US self ...
by LS2023
Mon May 27, 2024 10:56 am
Forum: Canada / United States Tax & Accounting
Topic: Managing cap gains tax liability cross border
Replies: 4
Views: 2898

Re: Managing cap gains tax liability cross border

hi,

I am in a similar situation.

In 2023, I emigrated from Canada to US, and had filed (mailed) T1 income tax (emigrant), T1243, T1244 etc. to CRA last month (April). For T1244, I am looking for a do-able way to post security, for a working class.

Did anyone ever have a successful case in ...