I am sorry, it was a little unclear. You are saying when I calculate my total income for CANADIAN TAX purpose, it should be which of the following?
1. Taxable income = Gross income - 401K - HSA - healthcare
2. Taxable income = Gross income - 401K
3. Taxable income = Gross income
Thanks,
Sireesha
Search found 2 matches
- Thu Feb 15, 2024 5:57 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Is HSA and US healthcare taxable income?
- Replies: 3
- Views: 1163
- Tue Feb 13, 2024 5:31 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Is HSA and US healthcare taxable income?
- Replies: 3
- Views: 1163
Is HSA and US healthcare taxable income?
Hello, I am a Canadian permanent resident living in Canada and working in the US. I cross the border everyday into the US to go to work. I have 401K, HSA and US healthcare for the last year that were deducted from my gross salary. I know they are not taxable in the US but would all three (401K, US h...